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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,


http://online.wsj.com/article/SB1000142412788732453930457826...



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


t.
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