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In an historic election result, two African-American women will face off in a runoff election to become the next mayor of Chicago. Yvette Shields talks with Chip Barnett about what this means for the municipal bond market and why it matters to bondholders.
February 28 -
The state's BBB Fitch rating is at risk of a downgrade if lawmakers adopt Gov. J.B. Pritzker's proposed fiscal 2020 budget.
February 27 -
Gov. J.B. Pritzker’s “bridge” budget would reduce the state's immediate pension contributions, and assumes voters will approve income tax changes in 2020.
February 25 -
J.B. Pritzker unveiled a $38.9 billion budget that relies on new taxes and borrowing.
February 20 -
Illinois would also use asset transfers, supplemental contributions and a buyout program in the governor's plan to deal with $133.7 billion of unfunded liabilities.
February 14 -
The federation issued its suggested budget roadmap Wednesday, ahead of Gov. J.B. Pritzker's first budget release.
February 13 -
An asset transfer and payment restructuring were offered to Gov. J.B. Pritzker as ideas for part of a pension fix.
February 8 -
A warm reception is likely for the new issue supply that will be coming into the market.
February 8 -
The District of Columbia will be headlining next week's new issue slate with a $940 million deal.
February 8 -
The Civic Committee of the Commercial Club of Chicago says its plan would put the state on path to fiscal solvency and double-A ratings.
February 6