Democrats Say No Budget Deal Without Limits on Insurer Premiums and Profits

House Speaker Michael Madigan announced Sunday that the Democrats will not make a budget deal unless Republican Gov. Bruce Rauner agrees to regulate insurer premiums and profits, and to a bailout for Chicago Public Schools. Partisan bickering has triggered a two-year-old impasse over a full spending plan and left Illinois with $15 billion in unpaid bills, a $130 billion unfunded pension liability and the nation’s worst credit rating. Illinois is set to begin a third straight fiscal year without a budget on Saturday and has until Friday at midnight for lawmakers to reach an agreemen...