Thursday, April 22, 2010
The disaster that is Illinois; Chicago-style run amok
Unbelievable.
Chicago-led Illinois democrats (mainly) have spent $500 Billion since 2003.
$500 billion, with a "b". How is that even possible?
Worse yet, there is no real accounting for this money. This is a huge scandal, if the voters of Illinois care enough about it to pursue it. We'll see.
One road project alone came in $375 million over budget.
Illinois now has a $13 billion budget deficit and is $200 billion in debt, including pensions.
Full story here.
Labels:
Big Government,
Economics
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