CHICAGO (Reuters) – Illinois, which sold $6 billion of bonds last month to raise money to pay overdue bills, will be back in the U.S. municipal market next week with another $750 million of debt. The deal tops the $12.2 billion of bonds and notes states, citie... More »
Illinois Republican Governor Bruce Rauner signed a controversial bill into law on Thursday to expand state-funded coverage of abortions for low-income residents on Medicaid and state employees. More »
FILE PHOTO: An aerial view shows the skyline and lakefront of Chicago, Illinois, August 14, 2014. REUTERS/Jim Young Illinois’ first budget after two years is filled with partial outlines to address its debt-ridden pension system and unpaid bill backlog — signs... More »
FILE PHOTO: Bruce Rauner speaks to the media in Washington December 5, 2014. REUTERS/Larry Downing/File Photo Illinois ended its historic budget drought on Thursday after the House of Representatives enacted the state’s first complete spending plan since 2015 ... More »
FILE PHOTO: Illinois Gov-elect Bruce Rauner speaks to the media after a meeting with U.S. President Barack Obama and other Governor-elects from seven U.S. states at the White House in Washington December 5, 2014. REUTERS/Larry Downing/File Photo Even if Illino... More »
FILE PHOTO: Illinois Gov-elect Bruce Rauner speaks to the media after a meeting with U.S. President Barack Obama and other Governor-elects from seven U.S. states at the White House in Washington December 5, 2014. REUTERS/Larry Downing/File Photo The fate of a ... More »
Illinois Governor Bruce Rauner announced on Tuesday his veto of a $5 billion income tax rate hike that was the lynchpin of a newly passed bipartisan budget package designed to end the state’s record-setting fiscal impasse, he announced via social media. More »
Illinois’ Democratic-controlled House of Representatives passed big, permanent income-tax rate increases on Sunday with the help of some Republican votes as the cash-strapped state scrambled to piece together a budget and revenue plan to stave off a bond ratin... More »
FILE PHOTO — A woman holds a sign in the rain as abortion rights protestors arrive to prepare for a counter protest against March for Life anti-abortion demonstrators on the 39th anniversary of the Roe vs Wade decision, in front of the U.S. Supreme Court build... More »
FILE PHOTO: Illinois Gov-elect Bruce Rauner speaks to the media after a meeting with U.S. President Barack Obama and other Governor-elects from seven U.S. states at the White House in Washington December 5, 2014. REUTERS/Larry Downing/File Photo An Illinois bi... More »
Illinois Gov-elect Bruce Rauner talks to the media after a meeting with U.S. President Barack Obama at the White House in Washington December 5, 2014. REUTERS/Larry Downing/File Photo Illinois Republican Governor Bruce Rauner urged lawmakers on Friday to allow... More »
CHICAGO Illinois Governor Bruce Rauner on Thursday rejected the possibility of a short-term spending plan to keep the state operating beyond the July 1 start of fiscal 2016 if there is no deal over a full-year budget. “An unbalanced short-term budget with no r... More »
WASHINGTON When Republican Stefanie Linares ran for office in the deeply Democratic city of Chicago last year, she knew that her hard work wasn’t likely to end in victory. “I wasn’t going to win, and I knew that going into it. It was just a platform to get our... More »
CHICAGO Illinois Governor Bruce Rauner faces a formidable challenge in his bid to reform public worker pensions by changing the state constitution, and even if he succeeds the move may not resolve the state’s pension funding woes for years to come. Illinois Su... More »
CHICAGO/NEW YORK (Reuters) – Rahm Emanuel may have been elected to a second term as Chicago’s mayor on Tuesday but now he faces a stark choice: inflict pain on the city’s population in the form of unpopular measures such as higher taxes or kick its problems fu... More »
