In the past year, Illinois, California and New York have experienced cash flow problems that kept them from paying their bills on time. Vendors, nonprofits, universities and local governments have had to wait months to be paid.
Behind on Bills
BEHIND ON BILLS: PART ONE: Lately, nonprofits delivering human services in Illinois have had to wait six months and sometimes more to get paid. The strain is beginning to show. More
BEHIND ON BILLS: PART THREE By delaying payments, New York and Illinois have turned their own cash flow problems into trouble for local governments that are in a worse position to handle it. More