There is serious concern that Illinois could become America’s Greece. Treasurer Dan Rutherford, the chief fiscal officer of the state, is sternly warning Illinois legislators and leaders that any additional borrowing could cause the state to go bankrupt.

He has provided leadership on the issue, explaining that the state is in a deep hole (debt from past borrowing has soared to $45 billion with a backlog of unpaid bills reaching $8 billion) and we cannot tax, borrow, and spend our way to prosperity. Click here to read more.