3 ms·
S&P, Moody's Downgrade Illinois to Near Junk, Lowest Ever for U.S. State https://www.bloomberg.com/news/articles/2017-06-01/illinois-bonds-cut-to-one-step-above
by mudil 9y ago
S&P, Moody's Downgrade Illinois to Near Junk, Lowest Ever for U.S. State https://www.bloomberg.com/news/articles/2017-06-01/illinois-bonds-cut-to-one-step-above-junk-by-s-p-over-stalemate https://www.bloomberg.com/news/articles/2017-06-01/illinois-...
- spamizbad 9y agoAt the state-level, Illinois has the fewest government employees per 1000 citizens. Source: http://www.sandiegouniontribune.com/sdut-ap-data-states-shed-thousands-of-public-employees-2011dec18-story.html http://www.sandiegouniontribune.com/sdut-ap-data-states-shed... Our medicaid costs are below the national average. Per-capita education costs are also some of the lowest (at the state level - IL depends heavily on local property taxes) Our Republican governor has been unable to cut any state-level waste for that very reason: The entire state government is already runs lean. We're in a budget mess because of pension obligations, not because we're a bunch of hippie spendthrifts.
- xienze 9y ago> We're in a budget mess because of pension obligations Let me guess, that's also the fault of the Republicans.