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  2. Illinois pension crisis - Wikipedia

    en.wikipedia.org/wiki/Illinois_pension_crisis

    The Illinois pension crisis refers to the rising gap between the pension benefits owed to eligible state employees and the amount of funding set aside by the state to make these future pension payments. As of 2020, the size of Illinois' pension obligation is $237B, but the state's pension funds have only $96B available for payouts to retirees.

  3. CalPERS - Wikipedia

    en.wikipedia.org/wiki/CalPERS

    There was a 12 billion dollar investment income loss in 2008 and 55 billion in 2009. [4] The 124 billion dollars of income in the nine-year period 1999-2007 was reduced by half as a consequence of the combined losses of 67 billion in 2008 and 2009.

  4. Pensions crisis - Wikipedia

    en.wikipedia.org/wiki/Pensions_crisis

    Old-age dependency ratio (2017) [1]. The pensions crisis or pensions timebomb is the predicted difficulty in paying for corporate or government employment retirement pensions in various countries, due to a difference between pension obligations and the resources set aside to fund them.

  5. Here’s what’s in and out of the government funding agreement

    www.aol.com/government-funding-agreement...

    Rebuilding the bridge could cost between $1.7 billion and $1.9 billion, according to an estimate released by the Maryland Transportation Authority earlier this year.

  6. The Subsidy Gap - The Huffington Post

    projects.huffingtonpost.com/.../ncaa/subsidy-gap

    In the past five years, 201 athletic departments earned $26 billion. But they spent $35 billion. As a result, just 21 broke even or recorded a budget surplus. The other 180 used $10 billion in student fees and other support to make up for the shortfall.

  7. From $26 Billion to Nothing: The Rise and Fall of SBF and FTX

    www.aol.com/news/26-billion-nothing-rise-fall...

    Sam Bankman-Fried’s net worth evaporated this week alongside his businesses—and apparently billions’ worth of customer assets.

  8. Greek Budget Gap at $26 Billion - AOL

    www.aol.com/news/2012-09-23-greek-budget-gap-at...

    The Greek budget gap is about $26 billion, according to Der Spiegel (via MarketWatch). That budget gap, much larger than previously estimated, would have to be eliminated for Greece to get needed ...

  9. Closing the $688 billion tax gap won't help solve the US debt ...

    www.aol.com/finance/closing-688-billion-tax-gap...

    The IRS estimated that the national tax gap was $688 billion in 2021, up 14.4% from $601 billion in 2020 and nearly double from $345 billion in 2001.It attributed the tax gap increase to a growing ...