They’v finally run out of “Other People’s Money”.
And they don’t have the cash.
They haven’t had a budget in 3 or 4 years. (How can a state operate without a budget?….Oh yeah , when it is run by Democrats) ETA: Even NEW JERSEY has to have a budget or the State shuts down. How does Illinois operate?
If I had a pension from the State of Illinois or a subsidiary, I’d be worried.