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Eight Forty-Eight

Cook County taxpayers' stunning share of local debt

It’s no secret that the government's experiencing financial difficulties, but taxpayers in Cook County are learning more about their share of the tab.

On Tuesday, Cook County Treasurer Maria Pappas presented figures that put local governments’ debt at over $108 billion. Total county debt puts each Chicago household on the hook for a little more than $63,000 on average. To find out more about how things add up, Eight Forty-Eight spoke to Cook County Treasurer Maria Pappas.

Music Button: Rocket Empire, "Cruising the Galaxy', from the CD See Me Speak In Color, (Om)

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