Report details threat to future Illinois taxpayers posed by excessive borrowing – Center Square

Illinois is one of 10 states with the largest bonded liabilities that make up 66% of the country’s total state government debt, amounting to over $810 billion. Illinois accounts for nearly $58 billion of that total, and that doesn't include public pension debt and other retiree obligations. The other states are California, New York, Texas, New Jersey, Massachusetts, Washington, Connecticut, Virginia and Michigan.

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