State of Illinois

The market appeared to move after Gov. J.B. Pritzker announced a rate structure for his graduated state income tax proposal.

Debate now begins in earnest on the governor's plan to change the state constitution to allow graduated income tax rates.

J.B. Pritzker will defend his fiscal 2020 budget and pension proposals as well as his gamble on waiting for voters to approve graduated income tax rates.

Municipal bond issuance jumped 29.2% in February, and may climb further as the initial effects of the 2017 tax act fade.

In an historic election result, two African-American women will face off in a runoff election to become the next mayor of Chicago. Yvette Shields talks with Chip Barnett about what this means for the municipal bond market and why it matters to bondholders.

The state's BBB Fitch rating is at risk of a downgrade if lawmakers adopt Gov. J.B. Pritzker's proposed fiscal 2020 budget.

Gov. J.B. Pritzker’s “bridge” budget would reduce the state's immediate pension contributions, and assumes voters will approve income tax changes in 2020.

J.B. Pritzker unveiled a $38.9 billion budget that relies on new taxes and borrowing.

Illinois would also use asset transfers, supplemental contributions and a buyout program in the governor's plan to deal with $133.7 billion of unfunded liabilities.

The federation issued its suggested budget roadmap Wednesday, ahead of Gov. J.B. Pritzker's first budget release.