The Illinois General Assembly is refusing to fix Illinois’ structural problems. Downgrades are the consequence.

Another credit downgrade for the Chicago Board of Education’s debt demonstrates the urgency of immediate fiscal reforms.

As Chicago slides toward insolvency, the Motor City is trending upward.

Chicago will continue to slide down the ratings table.

Stock markets have reached all-time highs just a few years after the market meltdown of the Great Recession. The Standard & Poor’s 500 index has more than doubled since the end of 2008 and many individuals have replenished their retirement accounts, and then some. But if you’re an Illinois government worker stuck in a state-run...

According to ratings agency Standard & Poor’s 500 Illinois’ credit rating is the worst among the 50 states. We are the only state in the country with an A- credit rating – on par with nations such as Botswana, Latvia and Slovenia And Illinoisans should be aware of the possibility that we could be headed...