The pile of unpaid bills in the state of Illinois is not getting any smaller, says Comptroller Judy Baar Topinka. She says it’s about $9 billion.
Nixon says Missouri was able to refinance because the state has maintained a good credit rating.
Billionaire Warren Buffett plans to devote part of Monday to listening to a series of business ideas, but none of the people meeting with the investor even has a college degree.
That’s more than twice as high as the national average of 8.8 percent.
A report originally estimated the costs to the city would be about $24 million.
As of early last month, the state owed on 166,000 unpaid bills worth a breathtaking $5 billion, with nearly half of that amount more than a month overdue.
According to the report, if each household in the state had to cough up cash to bail the state out, it would cost just over $6,600.
With Congress’s approval rating at an all-time low, some Americans are concerned there’s a lot of heated rhetoric going back and forth in Washington.
Says like many Americans, she’s “ticked off” at Congress.
Despite federal debt downgrade.