CNN: How Illinois became America's most messed-up state
By Matt Egan
“Politicians are notorious for making promises they can't keep. But they really outdid themselves in Illinois -- and now the state is paying for it.
Illinois is on the verge of becoming America's first state with a junk credit rating. The financial mess is the inevitable result of spending more on pensions and services than the state could afford -- then covering it up with reckless budget tricks…”