The fiscal cracks may be turning into floodgates as the state government approaches a fifth month without a budget. A major ratings agency on Monday dealt a blow to the state as a result of the inaction in Springfield. Has it emboldened either side to get off the sidelines and work together on a solution? Paris Schutz has the latest.
Jun 18, 2014 |
Banks could claim nearly $200 million from Chicago if the city's credit rating drops three more notches because of existing interest rate swaps made by Richard Daley's administration.