credit rating

Illinois lawmakers have an ironic strategy for digging out of debt: taking on more of it.The state recently adopted its first budget in two years.…

A credit ratings agency has removed Illinois from a credit watch since legislators approved a budget and ended a more than two-year impasse. S&P Global…

Senate President John Cullerton says his chamber has previously accomplished everything Gov. Bruce Rauner has outlined on a special session agenda called…

Moody’s Investor Service is out with a warning, that the just-passed stopgap spending plan is not enough for Illinois’ public universities. Just yesterday…

Moody's Investors Service will review the credit worthiness of seven Illinois universities after downgrading the state's credit to two levels above "junk"…

Tomorrow, Illinois Governor Bruce Rauner will deliver his second annual state of the state address. Illinois Public Radio's Amanda Vinicky checks in, with…

Even if Illinois lawmakers reach a compromise soon, it's too late to help improve the state's credit rating, it's already the lowest rated state in the…

Illinois has twice seen its credit rating take a hit this week.First, Fitch. Now, Moody's. One after the other, the agencies have taken Illinois' credit…

A credit analyst with Moody's says Illinois' bond rating will remain unchanged despite the state entering its third month without a budget. But the…

A major credit rating agency is warning legislators and Gov. Bruce Rauner that they need to reach a budget agreement by late September, or else incur…