Wed Jan 12 2010
These four states are the US equivalent of the European PIGS Portugal Ireland Greece Spain.
The IL Senate wants to raise taxes 66%. Other governors are making fun of this disaster. Neighboring Indiana says this is a good idea, for Indiana!
How bad is it, check out this blog
http://www.illinoisisbroke.com/
Meanwhile Texas struggles with its own budget imbalances.
Professor Elam 
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