Illinois State Treasurer Dan Rutherford visits
Illinois State Treasurer Dan Rutherford visited Galva on April 30 to promote a new loan program for persons suffering losses due to recent flooding, and the ``I Cash'' program.
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.