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J.B. Pritzker is set to become the 43rd governor of Illinois on Monday. He won in part by promising to make college more affordable, improve the state’s…
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A new report says Illinois state government is at “elevated risk” in the event of an economic downturn.Ten years after the global financial meltdown that…
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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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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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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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Illinois' fiscal health continues to tumble, in the eyes of the analysts who assign credit ratings.Moody's. S&P. Fitch. All three of the nation's big…
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A major credit rating agency says the next two months will be "critical" for the future of Illinois' finances. The key question is whether to make a…
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McGraw-Hill, the parent company of the world’s largest credit rating agency, Standard and Poor’s, was slapped with lower bond ratings than the state of…