Group Sues Illinois Tollway Over Steep Rate Hike
Thursday, September 22, 2011
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CHICAGO — A taxpayers organization on Thursday filed a lawsuit challenging the steep rate hike recently approved by the Illinois State Toll Highway Authority to fund a new $12 billion capital program.

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Opinion

Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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