Illinois Borrowing

Bottom Of The Barrel: Illinois Borrows Cash From Charities To Pay Bills

Posted 08.28.2011

The Penny Severns Breast, Cervical and Ovarian Cancer Research Fund is a charity named after a Democratic state senator who died of breast cancer in 1...

Quinn Announces New Budget For Coming Year, Relying On Heavy Borrowing

Posted 05.25.2011

Illinois governor Pat Quinn laid out his budget plan for the coming year, a $52.7 billion package that relies heavily on borrowing to pay off the stat...

Back To Work: Cullerton, Senate Debate Massive Borrowing Package

Posted 05.25.2011

In an election season where Republicans won control of 19 state legislatures across the country, Democrats in Springfield were able to avoid getting c...

Illinois House Passes Messy Budget: More Borrowing, Less Bill Paying

AP | CHRISTOPHER WILLS | Posted 05.25.2011

SPRINGFIELD, Ill. — The Illinois House approved a new state budget Tuesday that would borrow billions of dollars, give the governor broad new co...

Illinois To Borrow Over $2 Billion To Pay Off Debts

Bloomberg News | Posted 05.25.2011

Illinois plans to borrow $1 billion today and an additional $1.25 billion in June to cover a backlog of bills with debt that will be paid off next fis...