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Normal, IL, USA / www.cities929.com Jul 22, 2021 | 4:36 PM (The Center Square) – A new analysis by the American Legislative Exchange Council shows Illinois is one of the worst states in the country with bond debt. In its annual State Bonded Obligations, 2020, the ALEC Center for State Fiscal Reform analyzes each state’s level of debt and features policy solutions to address the root of state debt problems: government spending. Total state bond debt for all 50 states exceeds $1.25 trillion dollars, with Illinois and 9 other states accounting for 64%, or $809 billion of the total. The report ranks Illinois 47th in the country with over $76 billion in total bonded obligations. That is compared to the top state in the ranking, Wyoming, with only $38 million in total bonded obligations. Only Texas, New York and California have more total bonded obligations than Illinois.

New yorkUnited statesCenter squareJonathon williamsJim buckAmerican legislative exchange councilState bonded obligationsState fiscal reformExecutive vice president jonathon williamsபுதியது யார்க்ஒன்றுபட்டது மாநிலங்களில்மையம் சதுரம்ஜொனாதன் வில்லியம்ஸ்ஜிம் பக்அமெரிக்கன் சட்டமன்றம் பரிமாற்றம் சபைநிலை நிதி சீர்திருத்தம்