State of Illinois

Issuers in the Midwest sold $82.98 billion of debt last year, a 5% drop from 2016.

The power of public employee unions to influence elections and their wage and benefit arrangements could be at stake.

The unfunded pension burden for Chicago, Cook County, and other local funds hit $50 billion in fiscal 2016.

Illinois Gov. Bruce Rauner's budget proposal would push some state costs onto schools and universities

Release of the spending plan marks the first salvo in the fiscal 2019 budget season.

An Illinois lawmaker has filed a bill that would authorize the massive borrowing.

Municipal bond volume evaporated in January, as the market felt the aftereffect of federal tax legislation that pulled issuance forward into 2017.

The alliance graded key budgeting and transparency practices in each of the 50 U.S. states.

The stakes are high with two of the state’s general obligation ratings one notch away from speculative grade.

Several market participants said it’s hard to take such a proposal seriously.