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A major credit rating agency has downgraded Illinois' rating to two levels above "junk" status, citing the "political gridlock" that's prevented the state…
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Comptroller Leslie Munger says Illinois' unpaid bills backlog could potentially jump past $8 billion by next year without a state budget. Munger…
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A major credit rating agency is warning legislators and Gov. Bruce Rauner that they need to reach a budget agreement by late September, or else incur…
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Attorneys for Illinois’ comptroller are expected to be in court today to respond to allegations they’re in contempt. The office is being sued for not…
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Illinois Attorney General Lisa Madigan is suing two companies Monday for allegedly scamming people with student loan debt. “The scam for them is preying…
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The General Assembly is considering a plan to look at alternative student debt repayment programs. Currently, many student loans require payment to begin…
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You probably know that Illinois has fiscal challenges. But a new study shows the problems are proving more costly than many realize. Martin Luby is a…