Press Detail

Illinois State ‘on Brink of Collapse’

Posted on March 05, 2012

Financial Times

(The full text of this article is available only to the publication's subscribers.)

This overview of Illinois’ fiscal challenges focuses on rising costs in the State’s Medicaid program and pension systems. The article cites the Civic Federation’s projection that the State could accumulate nearly $35 billion in unpaid bills by FY2017 without dramatic policy changes.