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How Bad Is the Crisis in Illinois? It Has $14.6 Billion in Unpaid Bills
Keywords: Illinois Debt, Illinois,
U.S. Regional economies- Illinois.
07/10/2010
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Illinois Readies $900 Million Debt Sale Amid Fiscal Woes
Wall Street Journal 07/10/2010
Fiscal Woes Deepening for Cities, Report Says
New York Times 10/06/2010
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
Bond Buyers' Eyes Are on Illinois
Wall Street Journal 01/07/2011
Illinois Deficit Leads to Talk of Big Tax Increase
New York Times 01/09/2011
Illinois credit ratings
02/19/2011
Grouped Articles
Illinois Suffers Credit Downgrade
Wall Street Journal 08/30/2012
Wall Street Journal 10/25/2012
Illinois Pension Plans Should Go Dutch
Wall Street Journal 02/19/2011
SEC Says Illinois Hid Pension Troubles
Wall Street Journal 03/12/2013
How Bad Is the Crisis in Illinois? It Has $14.6 Billion in Unpaid Bills
WSJ 06/27/2017
How U.S. states overstate the extent to which pensions are funded.
10/16/2010
Using a discount rate of 4% (for government borrowing costs) would correctly show the extent to which pensions are funded in Illinois, than the rate currently used rate of 8%. Using Illinois methods Dutch plans would be 200% funded says an expert in Holland. With lower savings of American workers as they approach retirement adequately funded pension systems are critical to the safety net.
Grouped Articles
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Illinois Pension Fix Faces Political Test
Wall Street Journal 12/01/2013
Illinois Legislature Approves Retiree Benefit Cuts in Troubled Pension System
New York Times 12/03/2013
American states' pension funds: A gold-plated burden
Economist 10/16/2010
Wall Street Journal 03/05/2012
Chicago Mayor Seeks Alterations to Repair Badly Underfunded Pension Plan
New York Times 04/01/2014
The U.S. State Budget Crisis Task Force Report on Illinois's finances
01/05/2011
The task force led by Richard Ravitch and Paul Volcker has strong words for the dismal state of Illinois's finances describing the state's handling of its finances as an high-wire act without a safety net.
Grouped Articles
Volcker Plans to Restore Faith in Government
New York Times 05/29/2013
Illinois Debt Takes Toll on Services, Study Finds
New York Times 10/24/2012
Wall Street Journal 10/25/2012
Recession-bruised states' revenue sank 30 percent in 2009, Census Bureau reports
Washington Post 01/05/2011
Illinois Pension Plans Should Go Dutch
Wall Street Journal 02/19/2011
SEC Says Illinois Hid Pension Troubles
Wall Street Journal 03/12/2013
U.S. Regional Economies- Chicago, Illinois
09/04/2011
Grouped Articles
The economic performance of cities: Following the sun
Economist 05/16/2013
Wall Street Journal 10/30/2013
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Companies Say Goodbye to the 'Burbs
Wall Street Journal 12/07/2013
Tough Times in the Second City
New York Times 09/04/2011
Incomes Fell or Stagnated in Most States Last Year
Wall Street Journal 09/20/2012
Efforts to fix the budget deficits in U.S. states: 2010-2012
01/05/2011
Some of the worst budget deficits are in Illinois, California and New Jersey, with other states not far behind.
Grouped Articles
California’s New Problem: Too Much Money
New York Times 05/25/2013
Brown Set for Victory in California Budget Fight
Wall Street Journal 06/12/2013
Illinois Deficit Leads to Talk of Big Tax Increase
New York Times 01/09/2011
How to Revive the California Dream
Wall Street Journal 01/10/2011
Chris Christie: The conservative crush
Economist 01/08/2011
Illinois Braces for Tax Increases
Wall Street Journal 01/13/2011
Funding the budget and pension deficit in the U.S state of Illinois
10/16/2010
Grouped Articles
Pension Pinch Busts City Budgets
Wall Street Journal 10/30/2013
Illinois Pension Fix Faces Political Test
Wall Street Journal 12/01/2013
Illinois Legislature Approves Retiree Benefit Cuts in Troubled Pension System
New York Times 12/03/2013
American states' pension funds: A gold-plated burden
Economist 10/16/2010
Chicago Mayor Seeks Alterations to Repair Badly Underfunded Pension Plan
New York Times 04/01/2014
For Some Bond Investors, Chicago Isn’t Their Kind of Town
Wall Street Journal 04/02/2015
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