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Business & Lifestyle

Illinois remains on brink of becoming first state rated junk, but does pass a budget

SPRINGFIELD (Heartland Newsfeed/MarketWatch.com) -- Illinois, which currently has the lowest-rated bond rating of any U.S. state, took another step Tuesday to ward off a deepening budget crisis and an imminent risk of becoming the first state ever branded with a junk bond rating. The state entered an unprecedented third straight fiscal year without a budget on Saturday and the process has been crippled by the partisan impasse between Republican governor Bruce Rauner and Democrats who control the legislature. However, the Illinois […]

todayJuly 4, 2017 37

Business & Lifestyle

Governor Rauner Calls Lawmakers Back to Springfield to Pass Compromise Balanced Budget Plan

SPRINGFIELD – One day after House and Senate Republicans unveiled a compromise balanced budget plan to end the budget impasse, Governor Bruce Rauner today called lawmakers back to Springfield for a 10-day special session from Wednesday, June 21st through the June 30th fiscal year deadline. “Republicans in the General Assembly have laid out a compromise budget plan that I can sign,” Governor Rauner said in a video announcing special session. “It provides a true path to property tax reduction and […]

todayJune 15, 2017 120

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