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Illinois Borrowing

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

Posted 08.28.2011 | Chicago

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 | Chicago

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 | Chicago

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 | Chicago

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 | Chicago

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...