Illinois has a budget for the first time in more than two years, ending a standoff that threatened to downgrade the state’s debt to junk status and was wreaking havoc with cities, colleges and school districts across the state. The state’s House of Representatives, led by Democratic Speaker Michael Madigan, voted Thursday to override Republican Gov. Bruce Rauner’s vetoes of revenue and spending measures the chamber passed Sunday.

Source: Wall Street Journal July 06, 2017 20:27 UTC