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Fitch's commentary suggests a rating upgrade from BBB-minus is in the offing if the governor's proposed budget passes.
February 17 -
The Volcker Alliance looks at the state’s outstanding municipal bonds and $83 billion in other obligations and suggests improved transparency and oversight.
February 11 -
Between unspent money from last year and excess revenues, Oregon lawmakers have nearly $1 billion of extra money to spend.
February 11 -
Michigan Gov. Gretchen Whitmer's proposed budget provides mostly one-time spending hikes, makes a modest deposit into the rainy day fund, and offers targeted tax relief.
February 10 -
Susana Mendoza argues that a budget plan that would use surpluses to pay down bills and raise pension contributions shows the state is on the right fiscal path.
February 8 -
Restricting the use of IIJA funds for new highway capacity "flies in the face" of Congressional intent, said Sen. Mitt Romney.
February 3 -
Illinois' burdensome pension tab and questions over whether revenue can keep pace with spending in the long term pose strains, but the governor's plan to use surpluses to pay bolster the rainy day fund and pension contributions and pay down bills moves the state in the right direction.
February 3 -
Gov. J.B. Pritzker highlighted rating recent upgrades as he presented an election-year budget that would also offer tax relief and reduce the bill backlog.
February 2 -
Illinois Gov. J.B. Pritzker will unveil a proposed, fiscal 2023 spending plan Wednesday that offers some modest, one-time targeted tax relief.
January 31 -
Michigan's Democratic governor joined the legislature's Republican majorities in proposing tax relief but they have different ideas about how to do it.
January 28