Illinois $13 Billion Budget Woes Reach Boiling Point; Governor Quinn Works for Union Thugs and Promises to Raise Taxes by 50%; Bill Brady for Governor

Mish's Global Economic Trend Analysis: Illinois $13 Billion Budget Woes Reach Boiling Point; Governor Quinn Works for Union Thugs and Promises to Raise Taxes by 50%; Bill Brady for Governor
"Inquiring minds are again focusing on problems in state budgets.

Illinois is in a dogfight with California, New York, and New Jersey for the dubious honor of being the state deepest in fiscal do-do.

Although New Jersey is addressing its fiscal issues thanks to Governor Chris Christie... Illinois, California, and New York are flopping around like a 50 pound sea bass in 3 inches of water."