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Chicago leaders hand $40K in debt to each taxpayer, second-worst in U.S.

MARCH 25, 2025 | by Patrick Andriesen | THE ILLINOIS POLICY INSTITUTE

But that only covers Chicago’s debts. Those same taxpayers would need to contribute an additional $37,000 to pay down the state’s existing debts, according to Truth in Accounting’s most recent 2024 State of the States report.

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