Illinois Enters A State Of Insolvency

January 22, 2010

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“We would like all the stakeholders of Illinois

https://earthobservatory.nasa.gov/images/imagerecords/36000/36057/illinois_AMO_2008337.jpg

to recognize how close the state is to bankruptcy or insolvency,” says Laurence Msall, president of the Civic Federation, a fiscal watchdog in Chicago.

“Bankruptcy is the reality that looms out there,” Republican gubernatorial candidate Andrew McKenna Jr. says.

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