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Illinois Debt Problem

DontDoIt

Active member
Joined
Jan 18, 2011
Messages
391
Reaction score
72
Location
Illinois, Land of Liberals
Gender
Male
Political Leaning
Conservative
I have tried to find an accurate number on Illinois' debt, and I can only find articles from a year or two ago, and the few numbers that I've found to be fairly recent are from blogs and unreliable sources, and to top it off, all the numbers are different. I was wondering if anyone knew a reliable and accredited source to where I could find an accurate number of Illinois' debt today?

Also I was looking to investigate the percentage of debt from public pensions, since Illinois has the highest public pension debt by far of any state.
 
DontDoIt said:
Also I was looking to investigate the percentage of debt from public pensions, since Illinois has the highest public pension debt by far of any state.
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If you don't have possession of the real numbers, then you are surmising.
 
DontDoIt said:
Which is why I'm trying to find the correct, accurate numbers, but thanks for wasting your time in posting nothing, gracias.
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Well now. You admit you're ignorant of the facts, but then you go and spit something out in lieu of the facts.

Just sayin :shrug:
 
Tashah said:
Well now. You admit you're ignorant of the facts, but then you go and spit something out in lieu of the facts.

Just sayin :shrug:
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The whole point of this thread was me trying to find an accurate number on the debt. Should I not be ignorant of the fact that everytime I switched sites there was a different number, although the timeline was merely the same? Dont think so coolio.
 
DontDoIt said:
The whole point of this thread was me trying to find an accurate number on the debt. Should I not be ignorant of the fact that everytime I switched sites there was a different number, although the timeline was merely the same? Dont think so coolio.
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I own a home in DuPage County. I wouldn't believe anything that emanates from Springfield. Sad to say, but I don't think they're very keen on having an independent auditing firm go over the state books and then publish the uncooked numbers. They'll tell you only what their political interests necessitate.
 
Tell ya what I'll do. I'll ask an economics-whiz friend of mine to find the info and post a link here. If anyone can find it, he can.
 
Tashah said:
I own a home in DuPage County.
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Another member from Dupage, yee haw!

I really like it here myself, it's a very nice place to live.
 
mattillac said:
Another member from Dupage, yee haw! I really like it here myself, it's a very nice place to live.
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Naperville. I love it here.
 
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Your linked report originates from the office of an Illinois politician. I think it is all smoke and mirrors also. I would love to see an independent accounting and analysis.
 
Info obtained courtesy of donsutherland1...

Moody’s puts Illinois in top 5 in debt, pension needs | Chicago Breaking Business


Fitch also provided an estimate of Illinois unfunded pension obligation: $77.8 billion (but that's as of 2009):
Fitch downgrades Illinois due to pension liabilities
 
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