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Illinois Awash in Red Ink as Budget Deal Buys It Six More Months

Posted on July 12, 2016

Bloomberg

This article discusses the State of Illinois’ FY2017 stopgap plan and the financial impact of the State not enacting a comprehensive balanced budget. Laurence Msall, President of the Civic Federation, describes the stopgap plan as a political gimmick and notes that it does not end Illinois’ fiscal crisis.