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Gov. Bruce Rauner has called the bill a “bailout” for Chicago Public Schools and plans to use his amendatory veto powers to cut funding in half.
July 27 -
Illinois made $740 million in Medicaid-related payments this week.
July 26 -
Chicago has good news to share as investors return to town, though pension and school woes loom large.
July 25 -
The fate of Illinois’ fiscal 2018 appropriation for school districts remains up in the air with a showdown looming between Gov. Bruce Rauner and the General Assembly’s Democratic majority.
July 24 -
Four of Illinois’ junk-rated public universities won an upgrade from S&P Global Ratings.
July 24 -
Illinois bonds saw a slight price bump in reaction to Moody's confirmation of the state's Baa3 rating.
July 21 -
The affirmation at Baa3 removed the threat Moody's would send Illinois to junk.
July 20 -
The concerns have arisen in the weeks following a round of budget negotiations that was particularly tough for several states.
July 19 -
The Illinois governor says he will use his amendatory veto powers to shift some Chicago school aid to other districts.
July 18 -
Fitch took Illinois off negative watch, while keeping a negative outlook on its BBB rating.
July 17