Illinois

The Illinois hospital nonprofit faces a rating cut to junk if merger plans fall apart.

Conning is holding firm to its declining outlook on states' credit quality, though S&P sees some rays of sunshine.

New bill backlog management tools, spending caps, and revenue estimates are getting legislative attention as the budget remains up in the air

Latasha Thomas will work on government affairs and public finance.

Lawyers for the city of Harvey will argue for release of state funds.

Illinois paid more to borrow in Wednesday's bond sale compared to last year, though yields narrowed from recent trading levels.

The payment of interest penalties lags as Illinois works to repay its mountain of bills.

Solving the state's pension crisis will require politically painful options for taxpayers and public employees.

Officials want to cast the state's fiscal health in a more positive light even as offering documents lay out a starker assessment.

Pushing off painful decisions tanked Illinois' ratings while California reaped spread and rating benefits from better choices.