CHICAGO – With no long-term resolution in sight over the state’s budget crisis, Illinois lawmakers adjourned on Friday after giving public universities new borrowing authority and approving a debt restructuring for the agency that manages Chicago’s convention center.

With rating agencies and investors watching, the Democratic-controlled Senate adopted a $52 billion budget Friday, but the House was unable agree on a final plan due to disagreements over how to pay for the budget and deal with a $13 billion deficit.

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