Despite national economic recovery, Illinois’ debt per taxpayer worse than during Great Recession

Illinois News Network reports:

States are putting taxpayers on the hook for more and more debt, with Illinois among the state's with highest tax burden per taxpayer in the nation, according to the latest report from public finance watchdog Truth In Accounting.

Despite the improving national economy, some states are in worse shape now than they were shortly after the end of the Great Recession. Truth In Accounting's ninth Fiscal State of the States report reviews states’ comprehensive annual financial reports (CAFR) for the overall financial condition for all 50 states. From there, TIA offers up a letter grade for each state, from “A” to “F,” where Illinois lands.

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