Ratings

The Illinois House speaker, citing progress, asked rating agencies to hold off on negative action.

A skeletal $32 billion fiscal 2018 Pennsylvania budget was scheduled to make its way through the Senate.

Barring a dramatic turn of events, Connecticut will miss its midnight budget deadline.

Illinois is staring at a historic fall into junk territory if lawmakers can't compromise.

Chances of an on-time Connecticut spending plan faded.

Illinois House Democrats laid out a $36.5 billion fiscal 2018 spending plan.

Connecticut's governor asked lawmakers to consider a “mini-budget” should the state miss Friday's deadline.

S&P Global Ratings said it lowered its financial strength rating on National Public Finance Guarantee Corp. (National) to A from AA-minus and its long-term counterparty credit rating on MBIA Inc. to BBB from A-minus.

The union rank and file must OK the agreement as a budget deadline nears.

Florida’s utilities expect to take on more debt to develop alternative water sources, Fitch Ratings says.

Rutgers University's outlook was revised to stable from negative by Moody’s Investors Service.

Gov. Charlie Baker wants Massachusetts to provide up to $500 million over five years for life sciences.

Connecticut Gov. Dannel Malloy is developing a plan to operate state government should a budget not materialize.

Most Alaska bonds will still be paid in the event of a government shutdown, its debt manager said.

S&P Global Ratings has placed its AA-plus general obligation (GO) rating, AA appropriation rating, and A-plus moral obligation rating on the state of Alaska's debt on CreditWatch with negative implications.

Unfunded liabilities will still pester Pennsylvania, Moody's says

New York’s MTA plans to come to market next week with a competitive $700 million BAN sale.

Illinois’ credit distress makes some investors wonder about New Jersey, according to Citi analysts who see Garden State opportunity.

A feud over tax relief between Minnesota Gov. Mark Dayton and the GOP may hurt a bond rating.

Pennsylvania's new pension legislation does nothing to solve its budget deficit.