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7 Fast Facts About the Economic Collapse of Illinois

July 3rd, 2017
Categories: News

Link: http://www.thedailysheeple.com/7-fast-facts-about-the-economic-collapse-of-illinois_072017

Illinois facing an economic collapse. They owe $14,711,351,943.90 in overdue bills. This does not count day-to-day operating expenses – this is money that should have already been paid out.Nearly 15 BILLION DOLLARS. Illinois is about to be the first state ever to have their credit downgraded to “junk, ”haven’t had a state budget in 3 years. A federal court ruling on Friday will force them to make payments of $600 million a month to catch up. State Congress approved a 32% income tax increase. A quarter of a trillion dollars in pensions will be due SOON. $251 billion in pension payments.

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