The government avoided a total fiancial collapse in October. Like everything the government has done they may have simply pushed it off not changing the overall projection. More and more links in the chain have become broken. We can add Illinois to the list. Thanks goes to Pete.
http://www.chicagotribune.com/business/chi-mon-illinois-finances-0302-mar02,0,3727667.story
Illinois is on the verge of a financial meltdown, and hard choices will be necessary to contain the economic damage, according to a report from a group of prominent businesses executives.
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