Illinois Credit Downgraded Again

Effingham, IL / Effingham Radio

(Springfield, IL)  —  Illinois’ already worst in the nation credit rating is getting even worse.  Fitch Ratings lowered the state’s credit to a few steps above junk yesterday.  Fitch says Illinois hasn’t had a real budget in two years and is spending far more than the state can afford.  Even if Illinois gets a budget this year, Fitch says the state is years away from repairing its credit and reputation.

 

Benjamin Yount/dcr IL)
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