CHICAGO (WLS-AM 89) - The alarming new figure is $140 billion. It’s the amount of debt owed by all local units of government in Cook County. Cook County Treasurer Maria Pappas, who has a habit of being too candid for her own good, says it means you should think twice about buying a home in Cook County because the debt burden probably means property taxes will jump to pay it off. "Rent! I think it’s a very tough call."
Pappas has a new website where you can check debt levels – it's