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Breaking a record two-year budget impasse drove a dramatic easing of Illinois' spread penalties.
July 10 -
Liquidity and pension woes still remain after Illinois enacted its first budget since 2015.
July 7 -
Moody's Investors Service said it has placed Chicago's Ba1 general obligation rating under review for possible downgrade.
July 7 -
The Illinois House overrode Gov. Bruce Rauner's veto to enact the first state budget in two years.
July 6 -
Illinois could still see its rating cut to junk, as Moody's raises concerns over the shortcomings of a partisan budget deal.
July 5 -
If the Illinois House succeeds in overriding Gov. Rauner's budget veto, Chicago's pension restructuring becomes law.
July 5 -
Chicago and Illinois spreads got a boost as two years of state gridlock appeared to be nearing an end.
July 5 -
Illinois Democrats need to keep 15 GOP representatives on board to succeed in overriding Gov. Bruce Rauner's budget veto.
July 5 -
Progress on ending a two-year-old budget drought is being viewed positively by two rating agencies.
July 3 -
The Illinois House on Sunday sent a budget plan back to the Senate with action needed to avert historic fall to junk.
July 3