Illinois' Credit Rating Takes a Hit After Pension Reform Fails

The state now has an outlook known as "rating watch negative," which could make it more expensive for the state to borrow money. Only California is below Illinois among states on this rating firm's list.
January 14, 2013
 

The state now has an outlook known as "rating watch negative," which could make it more expensive for the state to borrow money. Only California is below Illinois among states on this rating firm's list.

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