Two neighboring states, one big financial gap

Curious City

WBEZ Chicago

Society & Culture, Education, Public, Chicago, Arts, City, Radio, Curious, Investigation

4.8 • 642 Ratings

🗓️ 28 August 2014

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

Illinois struggles with debt and unpaid bills, while Indiana is sitting pretty with a surplus topping $2 billion. What’s behind the fiscal gap between these two neighbors?

Transcript

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0:00.0	Hello, this is Michael Puente. I'm WBEZ's Northwest Indiana Bureau reporter. It's time for a series we call Curious City. It's where we answer your questions about the issues that are important to Chicago and the region, including in this case, Indiana. The Hoosier State is sitting on billions of dollars in extra cash, but in
0:22.3	Illinois, they're looking under the couch cushions for money to pay the bills. Our question asker
0:27.4	wanted to know, how can two states right next to each other be so different financially?
0:34.5	Well, sort of like living next door to the Simpsons, you know.
0:40.3	Dysfunctional family on the block and we're looking in the window.
0:44.5	Well, I suppose Illinois lawmakers do work in Springfield.
0:49.5	But this tale of two-state budgets, it's a lot more complicated than that.
0:50.5	Stay tuned.
0:56.6	Curious City on WBEZ is supported by Old Town School of Folk Music with new class sessions and guitar, banjo, singing, and more.
0:59.1	Classes available for beginners, advanced, adults, and kids.
1:02.2	More at Oldtown School.org.
1:04.1	And support comes from the University of Chicago Grams School of Continuing Liberal
1:07.3	and Professional Studies Editing Certificate Program.
1:10.3	There is an online information session August 13th.
1:13.1	Details are available at gram school.u-chicago.edu.
1:18.2	Who is the...
1:18.7	What is going to be?
1:19.6	When we're doing?
1:20.7	Why is it?
1:21.0	What is the...
1:21.9	What?
1:23.4	Welcome to Curious City.
	...

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