Illinois’ Credit Downgraded, Again

(Springfield, IL)  —  Illinois’ credit is getting worse.  Both Moody’s Investors Service and Standard and Poor’s downgraded Illinois’ credit yesterday.  The move comes one day after Illinois lawmakers punted on a state budget.  Governor Bruce Rauner said the downgrades are “unacceptable.”  Illinois Democratic Comptroller Susana Mendoza says the governor is to blame.