Gov. Rauner sets timeline for $6B bond sale to pay down bill backlog
(WorldNews Politics)

Gov. Bruce Rauner on Friday named the firms that will handle the bulk of the state’s sale $6 billion bond sale to help pay off its staggering bill backlog of nearly $15.5 billion. The first series of bonds will go out in a $4.5 billion negotiated sale, and the state will competitively bid the remaining $1.5 billion in general obligation bonds, according to a statement from the governor’s office....