No. of Recommendations: 2
Standard & Poor's Ratings Services dropped the credit rating for Illinois Friday, putting it on track to have the lowest rating among U.S. states.

The decision by S&P follows the collapse earlier this month of a proposal in the Illinois legislature to address the deepest public-pension shortfall in the nation.

The downgrade of the state's bond rating to A- from A puts Illinois on par with California. However, S&P has a negative outlook for Illinois, while its outlook for California is positive. Moody's Investors Service already gives Illinois the nation's lowest rating,


Owebama's home state......he did his part to ruin it before he bugged out....

Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.