Illinois plans to sell up to $2.5 billion of general obligation debt before the fiscal year closes June 30 in its first primary market outing to benefit from upgrades that put two of its ratings in single-A territory. The state plans to sell up to $1.5 billion of new money and is eyeing another up to $1 billion of current refunding bonds.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.