Comptroller Says State Runs Out Of Funds Daily

Feb 5, 2016

Credit Steven Depolo / Flickr

Money keeps state government going. From services to employee paychecks. So, how does the State of Illinois function when it's piling up more bills than it can cover? Comptroller Leslie Munger says she is asked often if the state could run out of money.

Munger says, "Every single day we run out of money. We pay as much as we can on that given day and then we have to wait for the next day. So when we make decisions about how to pay our bills, we are looking at today do we pay foster care or do we send the education payment?"

Munger says some health care providers are waiting on payments nearly a year overdue. Munger says Illinois is on track to a deficit of more than $6 billion this fiscal year.