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They see aggressive assumptions and a failure to tackle long-term problems like pension underfunding.
June 1 -
Moody's Investors Service issued a sobering take on the state's liabilities as lawmakers celebrated passage of an on-time budget.
May 31 -
What's in the next Illinois budget is more important to S&P Global Ratings than whether it is passed soon.
May 29 -
Municipal bond investors reacted cautiously to the rally in Treasurys as they looked for confirmation that the new yield levels are here to stay.
May 29 -
Municipal bonds were trading stronger Tuesday, with yields falling as much as five basis points, according to the MBIS benchmark scale.
May 29 -
The rating agency said its new criteria only support a rating two notches higher than the state's BBB.
May 25 -
Illinois Gov. Bruce Rauner submitted a capital appropriation for the project this week.
May 18 -
School districts and the Chicago Civic Federation slammed Gov. Bruce Rauner's budget plan Wednesday.
May 9 -
The flat state income tax rate is embedded in the state constitution.
May 8 -
Municipal bonds were stronger on Monday as supply-starved investors awaited the week's planned $4.9 billion of new paper.
May 7