The state of Illinois' finances are in dire straits with a $9 billion deficit that continues to grow. Richard Dye, co-director of University of Illinois' Fiscal Futures Project, discusses how we got into this hole and how we can find our way out.
richard dye
After state lawmakers finally passed pension reform in December, Illinoisans could be forgiven for assuming the state is now on track to balance its budget. But a report out this week says the reforms don't do nearly enough to fix the state's budget gap. Two of the authors of the report join us to discuss their findings and the implications for the state.
