Sunday, January 29, 2012

Illinois $8.5 billion in debt after 67% tax increase

SPRINGFIELD, Ill. (CBS) — Illinois keeps falling farther behind on its debt.

As WBBM Newsradio’s Regine Schlesinger reports, officially, the state has a backlog of more than $4.25 billion in unpaid bills.

But Illinois State Comptroller Judy Baar Topinka says when one factors in other bills, the figure is closer to around $8.5 billion. MORE HERE

No comments: