Mike Frerichs

Gov. Bruce Rauner criticized Democrats' call Monday to borrow money to take a chunk out of a $14.4 billion pile of overdue bills.        

Illinois Treasurer Mike Frerichs is offering some suggestions to help make sure the state avoids junk bond status.

Although Illinois now has a budget, the state's fiscal condition remains on very shaky ground and a rating downgrade could still happen. Treasurer Frerichs says for starters, the governor needs to pay a visit to the bond houses in New York.

Illinois Treasurer Michael Frerichs says the state loses $2.6 million a month in investment income because of the ongoing state budget impasse.

The head of the Illinois Republican Party says Tom Cross ran a "tough, hard-fought'' race against Democrat Mike Frerichs.

The race for Illinois treasurer could be decided by fewer than 400 votes and lead to the first recount request in three decades.

There are still thousands of votes yet to be counted in the race for Illinois State Treasurer.