Just call it an opening skirmish in what portends to be a protracted conflict.

This morning Illinois was forced to delay a $500 million bond sale – essentially, borrowing $500 million to finance state government operations. The delay was due to a drop in lender confidence in Illinois’ credit worthiness.

Standard and Poor’s Rating Services just dropped Illinois’ credit rating to A- from A. There is not another state in the union with credit as lousy as ours. We are worse off than California.

Over the weekend, the Peoria Journal Star published a letter to the editor from an elementary school principal in downstate Illinois.

Institute policy expert, Jonathan Ingram, joined Doug Wolfe on WAND TV to discuss Illinois’ addiction to wasteful spending. Check our Piglet 2012 for examples of pork in Illinois. MUSEUM CAPITAL PROJECTS ABRAHAM LINCOLN MEMORIAL GARDEN FOUNDATION, INC. (Sangamon County) – $82,433. Renovation of the Ostermeir Farmhouse to add handicap accessible features, waterproof basement, replace carpet,...

On Jan. 25, Standard & Poor's Ratings Services downgraded Illinois' credit to A- from A.

The Institute’s Vice President of Policy, Ted Dabrowski, joined Varney & Co. on Fox Business to discuss the S&P’s latest downgrade of Illinois’ credit to A-Minus — the eleventh credit downgrade since Gov. Quinn assumed office in 2009.