“All told, Chicago residents are officially on the hook for $63.2 billion in government pensions, health insurance and other debt. This staggering figure totals more than $23,000 per Chicago resident, or more than $61,000 per household.”
And remember that most Chicago households have little or no ability to pay towards that debt, which makes the real bill for the remaining few astronomical, as we wrote here.
Chicago is far beyond broke.
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