August 29, 2012

S&P Lowers Illinois Credit Rating over Pensions

Standard & Poor's Ratings Services downgraded Illinois' credit rating on Wednesday, citing concerns over the state's inability to address its massively underfunded employee pension plans.


August 28, 2012

Gov. Quinn Rejects Plan to Expand Illinois Gambling

Gov. Pat Quinn on Tuesday rejected a bill to expand gambling in Illinois, including new land-based casinos in Danville and Chicago, saying the proposal lacked sufficient regulatory oversight.


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