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• If bills were sent to each Illinois household to cover the state’s debt the amount would be for $40,000.
• Illinois’ debt amounts to $44.7 billion.
• The debt in 2002 amounted to $12 billion.
• Illinois’ unpaid bills amount to $7.4 billion.
• Illinois’ unfunded pension and retiree health care liabilities amount to $140 billion.
“I’m sounding the alarm. Every household in Illinois is responsible for the repayment of $10,000 to reimburse our bond holders in the coming years. The backlog of other bills and our unfunded pension and retiree health care liabilities, when combined with the bond repayments, brings household debt above a whopping $40,000,” Illinois State Treasurer Dan Rutherford, said.
Take our poll on the homepage.
• If bills were sent to each Illinois household to cover the state’s debt the amount would be for $40,000.
• Illinois’ debt amounts to $44.7 billion.
• The debt in 2002 amounted to $12 billion.
• Illinois’ unpaid bills amount to $7.4 billion.
• Illinois’ unfunded pension and retiree health care liabilities amount to $140 billion.
“I’m sounding the alarm. Every household in Illinois is responsible for the repayment of $10,000 to reimburse our bond holders in the coming years. The backlog of other bills and our unfunded pension and retiree health care liabilities, when combined with the bond repayments, brings household debt above a whopping $40,000,” Illinois State Treasurer Dan Rutherford, said.
Take our poll on the homepage.
