Illinois second worst in state debt, worst in taxpayer trust

https://www.ilnews.org/news/state_politics/illinois-second-worst-in-state-debt-worst-in-taxpayer-trust/article_f2ef98ba-9d43-11e7-9504-afe0923de4e8.html

(Greg Bishop, Illinois News Network.  Please click on the link above for the full story.  Here is an excerpt below.)

Got $50,000 laying around you can hand over to the state? Illinois taxpayers owe that much in debt racked up by state government.

Government finance watchdog Truth In Accounting’s latest Financial State of the States report shows only nine states are free of state debt. The rest, including Illinois, are putting their taxpayers in debt considerably

Among the nine states that have no taxpayer debt is Illinois neighbor Iowa, which comes in at No. 9 with a taxpayer surplus of $500. Wyoming came in at No. 3 with a taxpayer surplus of $20,500, behind Alaska’s $38,200 and North Dakota’s $24,000.

 

 

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