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Civic Federation:$35 Billion in State IOUs by 2017

Posted on January 31, 2012

WTTW's "Chicago Tonight"

Civic Federation President Laurence Msall discusses the Federation’s State of Illinois FY2013 Budget Roadmap in this roundtable discussion with Anders Lindall, Public Affairs Director of AFSCME and John Bouman, President of the Sargent Shriver Center on Poverty Law. The Civic Federation warns that the State of Illinois could face an unprecedented $34.8 billion backlog of unpaid bills if action is not taken immediately by the Governor and General Assembly to stabilize the State’s finances in FY2013 and beyond.

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