 Hynes issued a quarterly report Wednesday saying the state is facing
"the most dangerous fiscal conditions in modern history." The
deficit is expected to top $11 billion this year.Hynes says the
backlog of bills is even higher if short-term loans that need to be
repaid soon are included along with health care bills not yet sent
to his office.
Hynes' office writes the checks to pay the state's bills. He's
also running for governor.
The University of Illinois recently announced employee furlough
days because it isn't getting the money it's owed by the state.
Gov. Pat Quinn says more bills will be paid later this month when
the state does a round of borrowing.
[Associated Press]
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