Piggy bank with Illinois state bird and flower
Mike Thomas/Illinois Public Media
June 30, 2017

Illinois Misses Deadline To Pass Budget, Consequences Hover

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 consecutive fiscal year without a budget.

And it means entering dangerous territory: The state comptroller will be unable to cover basic services ordered by courts, road construction and Powerball ticket sales could halt, and the state's credit rating could be downgraded to "junk."

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Chicago businessman Chris Kennedy, poses for a portrait in his office Wednesday, Feb. 8, 2017, in Chicago. Kennedy, the son of the late Sen. Robert F. Kennedy Jr., says he will run for Illinois governor in 2018.
Charles Rex Arbogast/Associated Press
February 08, 2017

Kennedy To Run For Governor In 2018

Chicago businessman and former University of Illinois Board of Trustees Chairman Chris Kennedy will join the Democratic race for Illinois Governor, and will file paperwork with the state later Wednesday. Kennedy made the announcement with a campaign website and annoucement on YouTube. The son of the late U.S. Sen. Robert Kennedy says in a statement that he loves Illinois and the state has "never been in worse shape.'' He says state government needs "fundamental change.''

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