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Illinois' Credit Rating Drops Again After Pension Reform Fails

Fitch Ratings further lowered Illinois' worst-in-the-nation credit rating following lawmakers' inability to agree on money-saving reforms to the public employee pension system.

Fitch Ratings further lowered Illinois' worst-in-the-nation credit rating following lawmakers' inability to agree on money-saving reforms to the public employee pension system.

Caroline Cournoyer is GOVERNING's senior web editor.