How Illinois can become the fastest-growing state in America

Illinois Gov. Bruce Rauner on Monday discussed how his state can climb out of its deep debt hole.

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“If we reduce the regulatory burden on our businesses with our workforce … location… [and] our transportation network we can become one of the fastest-growing states in America,” he told FOX Business’ Stuart Varney on “Varney & Co.” on Monday.

According to Rauner the state is facing a debt crisis of about $200 billion.

Pension reform, shrinking the cost of government bureaucracy and making the economy more competitive, he said, will help close the debt gap.

But odds are with a Democrat legislature not much will get done.

Rauner added he is working hard to fill more seats with Republicans in the Illinois House of Representatives.