Illinois credit rating

Illinois' fiscal health continues to tumble, in the eyes of the analysts who assign credit ratings. Moody's. S&P. Fitch. All three of the nation's...

A major credit rating agency has downgraded Illinois' rating to two levels above "junk" status, citing the "political gridlock" that's prevented the state…

Gov. Bruce Rauner's budget director is warning of "devastating" consequences if lawmakers don't agree on a spending plan for another year. Tim Nuding says…

Gov. Bruce Rauner says it's "very appropriate" for Illinois to borrow $480-million to pay for improvements to roads and bridges and other construction…

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…

Six Illinois universities have seen their credit ratings lowered because of the state's ongoing budget stalemate. And the lower a credit rating, the…

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…

Illinois has the worst credit rating in the nation and that's largely due to its approximately 100 billion dollar long-term pension debt. In an effort to…

Recent downgrades to Illinois' credit rating could soon have an effect on universities all over the state.SIU President Glenn Poshard says they've…