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Still No Illinois Budget; S&P Downgrades Chicago Convention Center Bonds by 7 Notches; Will Schools Open?

MishTalk

Illinois can’t, once again, increase costs for small businesses without giving them some relief. That involved $5 million of bonds due in 2028, according to MMD. One Step Above Junk BBB- is one step above junk, quite the downgrade from AAA. The hot summer continues and both sides seem unwilling to bend.