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Rating agency cites ‘fundamental improvement’ in state’s fiscal outlook
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A pair of credit rating agencies on Tuesday issued warnings on the finances of both the state of Illinois and its largest city.
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Illinois state government is getting a slightly better assessment from one of the major credit rating agencies.
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Two bond rating agencies say Illinois is on the right path with the budget plan passed Sunday in the state House of Representatives. Speaker Michael…
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A major credit rating agency has again downgraded Illinois' rating, citing the "unprecedented failure" to approve a state budget.Fitch Ratings lowered the…
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The Moody's credit rating agency has downgraded $26.8 billion in Illinois' general obligation bonds, saying the move was due to the state's weakening…
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Credit ratings agencies have taken notice of the court ruling on Friday that tossed out Illinois’ law reducing workers’ pensions. But they’re not...
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Gov. Pat Quinn has called a special session for lawmakers later this month to focus on finding a solution to the nearly $100 billion pension crisis.The…