Illinois: $25,000 / resident state debt obligation
Indiana: $5,000 / resident state debt obligation
I realize Cali, Ill, and NYS are 104 “slam dunk” electoral votes for Democrats. Will they get a federal bailout of their state debt?
Since the biggest problems are in the blue states, one of the pluses of the Repubs taking the House in 2010 was that it made such a bailout much less likely.
But then, the Repub Congress isn't AAMCO (who you can trust).