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  Illinois Stops Paying Its Bills, but Can’t Stop Digging Hole
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ContributorHikikomori Blitzkrieg! 
Last EditedHikikomori Blitzkrieg!  Jul 03, 2010 11:49pm
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CategoryNews
AuthorMichael Powell
MediaNewspaper - New York Times
News DateSaturday, July 3, 2010 05:45:00 AM UTC0:0
DescriptionCHICAGO — Even by the standards of this deficit-ridden state, Illinois’s comptroller, Daniel W. Hynes, faces an ugly balance sheet. Precisely how ugly becomes clear when he beckons you into his office to examine his daily briefing memo.

He picks the papers off his desk and points to a figure in red: $5.01 billion.

“This is what the state owes right now to schools, rehabilitation centers, child care, the state university — and it’s getting worse every single day,” he says in his downtown office.

Mr. Hynes shakes his head. “This is not some esoteric budget issue; we are not paying bills for absolutely essential services,” he says. “That is obscene.”
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