bond sale

Chicago and Illinois submit their joint bid for Amazon's "HQ2" — a second headquarters for the web retailer. We'll talk about the incentives arms race, Illinois' strengths and weaknesses, and the secret bid.

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The state of Illinois has taken another step toward improving its financial situation, selling $1.5 billion in bonds to help pay down the backlog of overdue bills.

Bruce Rauner
Brian Mackey / NPR Illinois

Gov. Bruce Rauner has spent much of the past few years bad-mouthing the Illinois economy — saying his agenda would turn things around. But not everyone in his administration is sounding the alarm.

David Harris
Brian Mackey / NPR Illinois

Another voice is urging Gov. Bruce Rauner to work with the budget that was passed over his objections.

Illinois Comptroller Susana Mendoza
Brian Mackey / NPR Illinois

Illinois Comptroller Susana Mendoza is urging Gov. Bruce Rauner to step up the pace in dealing with the state’s debt.

Martin Luby
Institute of Government and Public Affairs

  The administration of Governor Bruce Rauner is touting the low interest rate Illinois got in last week’s bond sale. But at least one public finance expert says that’s not the full story. 

WUIS

Illinois is preparing to hit the bond market even as the budget impasse has dimmed analysts' views of the state's credit worthiness.

Just as if your credit score declined, Illinois' lower rating makes borrowing more expensive.

Republican Gov. Bruce Rauner says he's still going to try to a half a billion dollars worth of bonds Thursday to pay for roads and bridges.