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Date Archives: May2016

Wednesday / May 18, 2016 /

Illinois Budget Update

AndyBusch / Blog / 0 Comments

Since June 2015, the state of Illinois has operated without a budget.  Illinois is the lowest rated state in the nation and its bonds pay +2.5% interest rate points above the average AAA rated municipal bond.  Currently, the government has accumulated $7.5 billion in unpaid bills, a figure that the Illinois Comptroller estimates will soon…