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India

Karen Pierog

Illinois to defy Trump administration's abortion referral 'gag rule'

19 Jul 2019

CHICAGO Illinois will defy enforcement of the Trump administration's rule barring federally subsidized family planning clinics from making abortion referrals, the governor said on Thursday, vowing the state would step in to fund most of those clinics itself.

Illinois to defy Trump administration's abortion referral 'gag rule'

19 Jul 2019

CHICAGO, July 18 Illinois will defy enforcement of the Trump administration's rule barring taxpayer-backed family planning clinics from making abortion referrals, the governor said on Thursday, announcing the state plans to step in to fund those clinics.

Puerto Rico faces tougher scrutiny over federal Medicaid funding

18 Jul 2019

U.S. lawmakers on Wednesday called for heightened scrutiny of Puerto Rico's Medicaid program as the bankrupt territory seeks increased federal healthcare funding while it deals with repercussions from a government corruption scandal.

Illinois GO bond yields climb in the wake of legal challenge to debt

03 Jul 2019

CHICAGO, July 2 Yields on Illinois bonds spiked higher on Tuesday in the U.S. municipal market after a constitutional challenge to $16 billion of the state's general obligation bonds was launched on Monday.

Constitutionality of $16 billion of Illinois bonds challenged

02 Jul 2019

CHICAGO The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance budget deficits, according to a court filing on Monday.

UPDATE 1-Constitutionality of $16 billion of Illinois bonds challenged

02 Jul 2019

CHICAGO, July 1 The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance budget deficits, according to a court filing on Monday.

CORRECTED-Constitutionality of $16 billion of Illinois bonds challenged

02 Jul 2019

CHICAGO, July 1 The sale of $10 billion of general obligation bonds in 2003 and $6 billion in 2017 by Illinois was unconstitutional because the proceeds were used for loans to the state's pension funds or to finance budget deficits, according to a court filing on Monday.

Illinois joins 10 other U.S. states in legalizing recreational marijuana

25 Jun 2019

CHICAGO Illinois on Tuesday became the 11th U.S. state to legalize the recreational use of marijuana by adults after Governor J.B. Pritzker signed into law a bill that also provides for the removal of certain previous drug convictions and will generate new revenue for the financially troubled state.

Puerto Rico oversight board defends plan as way out of bankruptcy

18 Jun 2019

Puerto Rico's federally created financial oversight board on Monday defended a new agreement with creditors, saying it will result in an affordable and sustainable debt level and allow the U.S. commonwealth to exit bankruptcy next year.

Puerto Rico oversight board reaches deal over retiree pensions

13 Jun 2019

SAN JUAN Puerto Rico's federally created financial oversight board said on Wednesday it reached a deal to restructure more than $50 billion in unfunded pension liabilities that includes cuts for some of the bankrupt U.S. commonwealth's retired government workers.

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