[...] a powerful legislative leader says lawmakers will miss a midnight deadline to avoid starting a third consecutive fiscal year without a budget.
House Speaker Michael Madigan said after the vote that lawmakers will miss the deadline for passing a budget before the new fiscal year begins Saturday.
Madigan says he's sending messages to the major bond-rating houses to give Illinois more time to secure a deal before a downgrade.
With Illinois' state government no-budget shutdown in full swing, House Speaker Michael Madigan proposed a temporary 30-day budget July 1 that didn't pass in the House. A separate Senate bill did pass with no support from Republican...
WASHINGTON — The House will miss the midnight Monday deadline lawmakers set for voting to avoid the “fiscal cliff.” House Republicans notified lawmakers that the chamber will vote Monday evening on other bills. They say that will be...
The Latest on legislative efforts in Illinois to seal a budget deal after the state started a third straight fiscal year without a spending plan (all times local): 1 p.m. … Click to Continue »
The speaker of the Illinois House acknowledged Wednesday that lawmakers will miss a key midnight deadline for a deal to end the longest state budget drought in modern American history, … Click to Continue »