Some question reality of Illinois’ rainy day fund – Center Square

Sheila Weinberg of Truth in Accounting said that due to debts in the state's pension systems, Illinois does not have $2 billion in rainy day funds. "I think the rainy day fund is a misnomer," she said. "It is like saying, 'Hey, look it, I have $1,000 in my savings account, but I ignored my credit card debt."

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