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States have spent weeks preparing for how they would cover the $8 billion shortfall in food stamps for the month of November.
The rating agency expects the school to post an operating deficit this year.
City Manager Oliver Chi unveiled a plan to invest $60 million to change the city's current trajectory.
"Illinois is just pure mismanagement," Ryan Frost, managing director of the Reason Foundation's Pension Integrity Project, said.
Issuance year-to-date is $493.063 billion, up 9.3% from $451.079 billion over the same period. With issuance estimated at $13.118 billion in the first week of November, 2024's $500-plus billion record should fall within the next week or two.