Illinois

Chicago’s $41 billion financial hole exposes city’s pension crisis

(The Center Square) – Chicago finished fiscal year 2024 with a $41.1 billion gap between the money it has available to pay bills and the obligations it owes, according to a… Read More

Illinois

Report on the financial state of U.S. states gives Illinois an ‘F’ grade

(The Center Square) – A new report found that 27 states did not have enough money to pay their bills at the end of fiscal year 2023, while Illinois failed… Read More

National Debt

70% of largest U.S. cities don’t have enough money to cover costs

(The Center Square) – In fiscal 2022, 70% of the largest cities in the U.S. did not have enough money to pay their bills. In the latest comprehensive analysis of… Read More

National

Truth in Accounting: U.S. national debt closer to $123 trillion, nearly $796,000 per household

(The Center Square) – The U.S. national debt is closer to $123 trillion, more than four times what the Treasury Department is reporting, Chicago-based Truth in Accounting calculates in its… Read More