The health of Illinois' pension system continued it downward spiral in the last fiscal year when unfunded liabilities rose by more than $11 billion and the funded ratio deteriorated to 40.4%, according to the Civic Federation of Chicago.
Illinois Pension Funds Deteriorate in Fiscal 2012
NOV 14, 2012 4:36pm ET
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Land isn't the only thing drying up in California, as the drought's economic impacts are dangerously closing in on the state's financial resources.
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