Illinois races the clock to avoid a 'junk' rating - CNNMoney

The state legislature, facing a massive budget crisis, couldn't reach a spending deal on Friday. When the new fiscal year begins at midnight, it will mark the third in a row that Illinois has started without a full budget. Illinois is at risk of ...

Illinois budget passes test run, but deadline will be missed - Fox 32 Chicago

SPRINGFIELD, Ill. (AP) - A $36.5 billion plan to rebuild Illinois' crumbling finances passed a critical test on Friday, but a powerful legislative leader said no deal would be reached before a midnight deadline - meaning Illinois will enter its third ...

Illinois House adjourns, plunging state into third year without a budget - Northwest Herald

House lawmakers adjourned Friday without approving a budget, officially entering a third fiscal year without one, but with optimism that a deal can be reached over the weekend. Democratic House Speaker Michael Madigan conceded Friday morning that a ...

Archibald: At Any Rate Illinois - Corsicana Daily Sun

Mark Archibald is a Daily Sun columnist. His column, On the Mark, runs in the Friday edition of the Daily Sun. prev. next. An early morning flight is perfect for collecting one's thoughts. • Having someone get up even earlier to drive to, or pick up ...

Illinois on brink of becoming first state rated junk if budget crisis not averted - MarketWatch

Illinois, already the lowest-rated U.S. state, is spiraling toward the start of an unprecedented third-straight fiscal year without a budget, crippled by the partisan impasse between its Republican governor and Democrats who control the legislature.

Andersson, Pritchard join Democrats to pass budget amendment - Kane County Reporter

Hours before the fiscal year runs out, the Illinois House voted 90-25 to approve a budget amendment. The bill proposed by Democrats and supported by about half of House GOP members outlines a $36 billion state budget for fiscal year 2018, which begins ...

Deadline Day: Many Republicans join Dems in passing budget amendment; Madigan says work on tax hike bill to come - Illinois News Network

The Illinois House returned to session Friday morning on the last day of the fiscal year. Follow us throughout the day for constant updates. 2:06 p.m.. The House as adjourned until 11 a.m. Saturday without taking further votes on a budget and calling a ...

Illinois' financial crisis has 'hurtled out of control' - Fox Business

The Illinois State House took an early step toward ending a devastating two-year budget impasse Friday, but with many challenges remaining and a critical deadline drawing near, the state's workers are worried about a complete lack of stability ...

A lifelong GOP, I won't vote for another Republican but I'm not a Democrat either - ChicagoNow (blog)

A lifelong GOP, I won't vote for another Republican but I'm The author in a parade in Bourbonnais, IL in 2014, in support of Governor Bruce Rauner. Governor Bruce Rauner, Speaker Mike Madigan, President Donald Trump, and Senator Bernie Sanders even ...

VIDEO: Lawmakers in negotiations after House vote on spending - Herald & Review

State Rep. Sue Scherer, right, and other members of the Illinois House mingle on the House floor after a bipartisan approval of a budgetary amendment on Friday morning. RYAN VOYLES, HERALD & REVIEW. prev. next. SPRINGFIELD — Leaders are back ...

State budget passes first House vote, but huge hurdles remain on deadline day - Chicago Tribune

House Democrats and Republicans on Friday took an initial step toward approving a spending plan for state government, but major hurdles remain to getting a budget deal off the ground. The 90-25 test vote came on a $36.5 billion spending bill for the ...

New fiscal year beginning, same financial mess for Illinois - The State Journal-Register

Illinois House Minority Leader Jim Durkin, R-Western Springs, commits to putting Republican votes on Senate Bill 6 during debate on the floor at the Illinois Capitol Friday, June 30, 2017. "We are so close, I can taste it," Durkin said. [Ted Schurter ...

Tick tock, waiting for Mike Madigan's "compromise" - ChicagoNow (blog)

Democratic House Speaker Mike Madigan is congratulating himself and the bipartisan legislators who voted for his budget today for their "good work." (See updates from Capitol Fax.com). But what's in the budget? Democrats are denouncing Republicans in ...

Illinois House gives initial nod to FY 2018 spending plan - KDAL

CHICAGO (Reuters) - The Illinois House on Friday gave initial approval to a $36.5 billion fiscal 2018 spending plan, signaling movement toward ending the state's unprecedented two-year budget impasse. The 90-25 bipartisan vote on a budget bill ...

Without a budget, what Illinois faces - Chicago Sun-Times

Tens of thousands of lost jobs. A shutdown on much-need roadwork. The possibility of filing for bankruptcy. That's just some of the bad news for Illinois as the state limps along without a budget. Here's some more: Unpaid bills: The numbers are ...

The Latest: Illinois budget deal passes critical test - Beckley Register-Herald

SPRINGFIELD, Ill. (AP) — The Latest on legislative action in Springfield to seal a budget deal on the eve of a new fiscal year (all times local):. 11:45 a.m.. A proposed $36 billion state budget in Illinois has passed a critical test. But a powerful ...

Funding for 911 call centers in IL facing Friday deadline - Leicester Post

The House approved plans addressing some of those issues Wednesday but Republicans say they're not in line with what the governor is seeking. Lawmakers will mark their 10th day of special session on Friday with Gov. Bruce Rauner declaring he'll keep ...

Illinois takes step toward defusing financial crisis, challenges remain - Fox Business

FILE - In this Jan. 25, 2017 file photo, Illinois Gov. Bruce Rauner delivers speaks in the Illinois House chamber in Springfield, Ill. Illinois is on track to become the first U.S. state to have its credit rating downgraded to "junk" status, a move ...

The Latest: Illinois House adjourns as budget meetings go on - WAND

SPRINGFIELD, Ill. (AP) - The Latest on legislative action in Illinois to seal a budget deal on the eve of a new fiscal year (all times local):. 4:10 p.m.. The Illinois House has adjourned after endorsing a $36 billion state budget, though a final vote ...

Madigan concedes budget deal won't happen today - Northwest Herald

Democratic House Speaker Michael Madigan conceded Friday morning that a budget deal won't happen today, and implored the major bond ratings agencies not to downgrade the state's credit rating to junk status. But House lawmakers offered up a glimmer ...