Business

News Analysis: Illinois's Financial Troubles

The state is facing financial doomsday, and if lawmakers don't enact major tax increases and spending cuts, it's only going to get worse. That according to a report released today from the Civic Federation of Chicago. We talk to the author of the report and get his take on how the state can regain its financial health.

• "A Fiscal Rehabilitation Plan for the State of Illinois" -- The Civic Federation