illinois is absolutely the budget has not been balanced since 2000. illinois has a back breaking pension obligation currently at 100 or a 3.5 billion dollars. it should grow roughly 3 billion per year and consumes more than 25% of the state budget. illinois has a credit rating just above junk bond status, the worst of any state in the nation fitch ratings is that boils down to a lack of coherent fiscal policymaking over many years. >> we haven't had politicians who are looking in the medium or long run of what we can afford. they are elected by making promises without any money in the bank essentially. >> a spokesperson says the transition team has to assemble an budget and innovation committee. it would allow the state to level out future of patients per to pay for the incoming of is