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Illinois facing “financial disaster”: watchdog

Posted on January 31, 2012

Reuters

This article examines the State of Illinois FY2013 Budget Roadmap released January 30th by the Civic Federation’s Illinois research institute. The analysis warns that the State could see its backlog of unpaid bills rise to $34.8 billion by FY2017. The Civic Federation urges immediate action to address unsustainable trends in the State’s pension and Medicaid systems.