Public Schools in Obama’s Home State Drowning in $20 Billion Debt

A new report on the state of the public school systems in Obama’s home state of Illinois finds they are $20 billion in debt with no end in sight to the growing budget failure. According to a new review by the Chicago Tribune, the massive debt isn’t necessarily crushing the state’s schools, because the state legislature has passed laws to give schools the power to keep borrowing no matter what, so there is no incentive for the schools to mind budgets. According to the paper, the debt has accrued due to “special deals in Springfield that have given districts exemptions

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