Illinois is the "state most likely to default"
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The cost of insuring Illinois's bonds against default rose to the highest level in five months as the state headed for the new year without a plan to finance a $3.7 billion pension-fund...(If you like this story, come vote it up on WindyCitizen.com)
Read the Full Story: http://www.windycitizen.com/chicago/2010/12/29/illinois-is-state-most-likely-to-default
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