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Illinois carries 30% of nation’s pension debt

By Andrew Hensel The Center Square CHICAGO – A new report shows Illinois holds 30% of the nation's pension obligation bond debt. A pension obligation bond is a form of debt that some states use to make payments to state-run pension…

Closure of municipal coal plants remains sticking point

SPRINGFIELD – The Illinois Senate approved an energy bill in the early hours of Wednesday morning but it's likely to change as negotiations continue in the House, which has not set a date as to when it will return. A lead negotiator in…

More COVID-19 mitigations could be on the horizon

SPRINGFIELD -- If the Illinois COVID-19 situation gets worse, Gov. JB Pritzker warned Tuesday that the state could impose “significantly greater mitigations." “If we are not able to bring these numbers down, if hospitals continue to…

Illinois Republicans take aim at Pritzker, Pelosi

SPRINGFIELD -- Republicans rallied at the Illinois State Fair on Thursday with their eyes firmly set on trying to regain control of Congress and winning back the governor’s office in 2022. Several hundred of the party faithful gathered…

State’s revenue picture improves as economy recovers

New numbers come as lawmakers try to finalize new budget By Peter Hancock Capitol News Illinois phancock@capitolnewsillinois.com SPRINGFIELD – Illinois budget officials said Thursday that revenues are flowing into state coffers at a…