Washington

Gov. Bruce Rauner has called the bill a “bailout” for Chicago Public Schools and plans to use his amendatory veto powers to cut funding in half.

IRS agents are increasingly closing audits with no action if bonds are converted to taxable.

The Municipalities Continuing Disclosure Cooperation Initiative may have muddied some waters.

Illinois made $740 million in Medicaid-related payments this week.

White House close to taking stance on internet sales taxes

Advocacy group contends the Trump infrastructure council's closed-door sessions are illegal.

The sales tax breaks on car trade-ins comes at too great a price for the state.

The Federal Open Market Committee did not increase the fed funds rate target, the Fed announced following the panel’s two-day meeting, but it said it expects to begin balance sheet normalization “relatively soon.”

Taxpayers already can arrange a telephone conference instead of traveling to an IRS appeals office.

The budget for the next fiscal year increases spending on public safety and a stalled jail project.