Illinois Supreme Court rejects bid that would’ve blown up state’s finances

Before the title leaves you with the impression that all is now well with the state’s finances, there’s still the pesky matter of pensions. “The Illinois Supreme Court on Thursday unanimously shot down a legal challenge to bonds issued by the state in 2003 and 2017, which sought to halt repayment on the bond debt — likely leading to default and fiscal chaos.” learn more

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