How Illinois became America's most messed-up state
Next Avenue: Many Americans are only just getting byAugust 9, 2017
Illinois could become America’s first ‘junk’ state
Politicians are notorious for making promises they can’t keep. However they really outdid themselves in Illinois — and now the state is paying for it.
Illinois is on the verge of becoming America’s first state with a junk credit rating. The fiscal mess is the inevitable consequence of spending more on services and pensions than the state could afford — then covering it up with reckless budget tricks.