©2015 Bloomberg News NZT9XL6KLVR9 (Bloomberg) — As 2015 draws to a close, Illinois marks half a year without a budget. No spending plan has driven up borrowing costs, sunk its credit rating, and perhaps worst of all, exacerbated the state’s biggest problem: its underfunded pensions. Home to the least-funded state

published Oct 25th 2016, 8:00 am, by Leonid Bershidsky (Bloomberg View) — The U.S. presidential election is not all about Donald Trump’s outrages or Hillary Clinton’s positioning as the the lesser evil. As an outside observer, I see hope in some Americans’ quixotic resolve to stand up to the ugliness