New Legislature, Same Old Problem in Illinois: No BudgetIllinois' financial crisis is being handed off from one set of lawmakers to another this week a problem that, at 18 months, is the nation's longest-running budget stalemate.
Peabody Asks Court To Be Allowed To Pay Property TaxesIn a motion filed earlier this week in federal court in St. Louis, Peabody says it had incurred nearly $30 million in property taxes.
Koster, US Sue S&P Over Pre-Crisis Mortgage RatingsThe U.S. government says Standard & Poor's knowingly inflated its ratings on risky mortgage investments that helped trigger the 2008 financial crisis.
Topinka: Ill. Agencies Face $1 Billion ShortfallAgencies surving poor, elderly, children in need of financial transfusion.
Gov. Quinn to Deliver State of State Message “Governors want to project a sense that they’re in charge, and there are things to talk about besides huge budget deficits and financial crisis.