Submitted by dog on Tue, 2010-02-23 15:19
Wonder how many times this is going to be repeated in the upcoming months...
'Doomsday is here for the state of Illinois'
It will take a massive tax increase -- and $2 billion more in cuts -- to reach solvency, group says
February 22, 2010
BY DAVE McKINNEY Sun-Times Springfield Bureau Chief
To become solvent, the state must enact the largest tax-increase package in Illinois history, whack another $2 billion from already starved government programs and wrest major financial concessions from the state's unionized work force, a nonpartisan government watchdog contends.
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