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As Illinois lawmakers try to pass a state budget by Thursday, credit rating agencies say they’re less focused on the timing of a spending plan than they…
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Two bond rating agencies say Illinois is on the right path with the budget plan passed Sunday in the state House of Representatives.After two years…
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Illinois will enter a third straight year without a budget. But lawmakers say they’re getting closer, and will continue to meet this weekend.Legislators…
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As Illinois closes in on a second full year without a budget, the top leaders of the General Assembly met Sunday for the first time this year. There are…
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A federal judge says Illinois has to prioritize payments for Medicaid providers, but the state doesn't have enough revenue to meet its spending…
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A day after the Illinois General Assembly ended it’s spring session without passing a budget, two bond rating agencies have downgraded the state’s…
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Six of Illinois’ state universities have been put on notice for credit downgrades. It’s the latest knock on state government after more than 21 months…
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Gov. Bruce Rauner will make his annual budget address to the Illinois General Assembly this Wednesday. It comes as state government has gone more than 19…
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The University of Illinois has received a relatively glowing financial report from Moody's Investor Service, but it comes with warnings.In a just-released…
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Illinois is preparing to hit the bond market even as the budget impasse has dimmed analysts' views of the state's credit worthiness.Just as if your credit…