The latest report from a government watchdog group shows that your share of the state’s debt is continuing to grow, despite the passage of a budget deal this summer.
Truth in Accounting’s latest “Financial State of the States” report says the state’s debt, spread evenly over every resident in Illinois, is about $50,000. That number is second worst in the nation, only to New Jersey and its average debt per citizen of $67,000.
TIA says Illinois is one of the forty-one states that is not debt free and the high per person taxpayer burden is closely tied into taxpayer trust in state government.
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