Illinois Fiscal Problems

For John, BLUF:  What does happen when a State can't meet its obligations?  Nothing to see here; just move along.

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How Bad Is the Crisis in Illinois? It Has $14.6 Billion in Unpaid Bills

Here is the sub-headline:

Two years without a budget has left a mammoth past-due backlog, with hospitals, dentists and university towns feeling the pain

It is The Wall Street Journal (and no paywall), by Reporters Shibani Mahtani and Douglas Belkin, on the 27th of June 2017.

Hat tip to the InstaPundit.

Regards  —  Cliff