Lawmakers of US Illinois state to discuss budget
Lawmakers of US Illinois state returned Tuesday to the state house in Springfield, the capital city of the state, to discuss the state budget, local media reported.
As Illinois battles with the country's second-largest state budget deficit--some $13 billion--its treasurer, Dan Rutherford, told CNBC Tuesday that bankruptcy, an idea being floated to close budget gaps, would disrupt the bond market and break trust with vendors who do business with the state.