Rating Agencies Cut Illnois To Near Junk
—>NewsIllinois, as well as many other states, has been plagued by massive budget deficits for many years. Rating agencies are finally saying enough is enough in 2017. S&P and Moody’s downgraded Illinois to near junk status, the lowest rating ever given to a U.S. state. As Senate President John Cullerton told reporters in Springfield on Wednesday, “We’re going to feel some pain…
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Source: http://edegrootinsights.blogspot.com/2017/06/rating-agencies-cut-illnois-to-near-junk.html
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