Deficits

Illinois received two downgrades Thursday, bringing it closer to a junk bond rating.

Louisiana Gov. John Bel Edwards called a special session to continue work on the state budget.

Connecticut-based insurance behemoth Aetna confirmed relocation talks with other states.

Prospects are bleak for a breakthrough on Illinois’ two-year-old state budget stalemate.

Chicago's departing budget chief says budget gains will help the city resolve its pension problems.

Pennsylvania's proposed gambling expansion would have limited upside, said Moody's Investors Service.

Hartford, Conn.’s latest downgrade shows Connecticut must help the city avert bankruptcy, said Mayor Luke Bronin.

City comptroller calls for tighter internal targets.

Overhaul would result in higher-rated paper, Nappier says.