[Lmo56]

This is in ADDITION to the 67% STATE income tax increase the state legislature recently passed ...

[dynachrome]

“average household owing $32,901”

I would guess this excludes mortgages

[ken5050]

The effects of thehuge state tax increase will be interesting to observe, in that revenues will NOT go up by a corrsponidng amount...they may even drop in real $$ terms..then what do they do?

[freekitty]

We need to get things straight here. Why do the keep saying the taxpayer owes this money? The taxpayer does not owe this money. The people and/or agency; etc. owe this money. They recklessly spent and/or stole the money.

[dragnet2]

taxpayers owe $108 billion, county Treasurer says

Their lottery style government retirement pensions are now threatened..

Pay up tax payers.

[Regulator]

Demz to voters: you owz uz da money, so payz up

Remember folks...you voted them in, now they want the vigorish that they spent to get the votes

[Drill Thrawl]

I remember as a tenn asking my father why are the gubments promising such crazy pensions to these unions.

A: Because they won't be around to pay the bills. You will.

He was more right than I could have imagined.

[tflabo]

Crook County is more like it.
Crooked politicians steal from the taxpayers and call the county itself the victim. Electing LIEberals has consequences-—not so pretty is it.

[Ken H]

The average Chicago household now owes a staggering $63,525 to cover local government debt, according to Cook County Treasurer Maria Pappas.

Idiot. Try collecting it and watch Chicago turn into Detroit. When residents leave Chicago, their share of this "debt" magically disappears.

[cookcounty]

I'm SO VERY GLAD I moved out of Cook County 6 years ago. The writing has been on the wall for 20 years.

The ultimate Corruptocracy

[Chode]

give them a cup full of pencils for their pension, and they'd STILL be over compensated...

[Gritty]

No wonder Chicago has essentially banned all law abiding citizens from owning guns!

The Chicago gun owners who have them now won't know the difference or feel the pinch even if they double the taxes again and confiscate all the private property in the city to make up the shortfall.

As long as the politicians don't start taxing the illegal drugs to make up the shortfall, they should be safe enough (or at least as safe as everyone else) if they stay off the streets, off the beaches, and out of the stores...

[Logical me]

Everything will be OK. King Obama just will forward cash from his stash.

[MSF BU]

Wait until the COLA increases kick in...for those pensions that have them. They are screwed.

[Impy]

The check’s in the mail, Maria.

[MissouriConservative]

From the article - “Ms. Pappas’ report does not include totals from 55 of the county’s 553 local units of government, which failed to report their debt figures to her.”

So if I read this right, there are 553 units of government in ONE county? It’s no freaking wonder they owe so much money. 553 units of government??? Are you kidding me?