A new analysis found that Illinois lost out on millions of dollars when it sold bonds last week.
Martin Luby, with the University of Illinois’ Institute of Government and Public Affairs, compared the recent bond sale to one in 2006, when Illinois had a much better credit rating. This week for Past Due, Jamey Dunn talked with Luby about his report.
With the state budget impasse ongoing, lack of money continues to affect Illinois colleges and universities as well as Chicago Public Schools. Chris Mooney, director of the University of Illinois' Institute of Government and Public Affairs, joins the panel.