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Illinois Bonds

Illinois' Budget NIGHTMARE: A Guide

Posted 05.25.2011 | Chicago

The Illinois State Legislature is set to adjourn at the end of this week. Looming large over the close of the legislative session is the state's massi...

GOP Gubernatorial Candidate Dan Proft Proposes Income Hike for State Lawmakers, Grabs Crackpot Crown

David Ormsby | Posted 05.25.2011 | Chicago
David Ormsby

Perhaps Proft will be successful. After all, the Illinois governor's office has been a welcoming place for crackpots.

Illinois' Credit Rating Facing Big Hit After Passing Debt-Heavy Budget

Bloomberg | Posted 05.25.2011 | Chicago

Illinois's long-term credit rating was put on watch by Moody's Investors Services after lawmakers adopted a budget that includes $3.5 billion in short...

Blagojevich Scandal Delays State Debt Offering

Crain's Chicago Business | Paul Merrion | Posted 05.25.2011 | Chicago

The corruption scandal surrounding Gov. Rod Blagojevich is already affecting the state's precarious finances. Illinois has postponed a $1.4-billion s...