This is getting to be a habit. Damn rating agencies!

http://www.chicagotribune.com/news/politics/clout/chi-illino...

SPRINGFIELD — One of the nation's leading credit-rating firms put Illinois on a negative watch list today because Gov. Pat Quinn and state lawmakers failed to address the overwhelming public pension debt in the just-completed lame-duck session.

Fitch Ratings delivered its designation due to the “ongoing inability of the state to address its large and growing unfunded pension liability,” specifically noting the outgoing legislature shut down Tuesday without taking action on pension reform.

The credit rating was listed at the already-low designation of “A” but with a stable outlook. It is still rated “A” but now has an outlook known as “rating watch negative.” The move could make it more expensive for the state to borrow money.
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The years and years of the republican stranglehold on Illinois is taking it's toll.

Yup, those damn obstructionist Republicans.

The years and years of the republican stranglehold on Illinois is taking it's toll.

I think George Bush visited Chicago a few times. And just look at what happened here because of it.

Would this be the same Gov. Quinn who raised state income tax rates to balance the budget? Funny how the libtards aren't screaming bloody murder at how the federal tax rates on the rich should be raised to make up for Gov. Quinn's actions in Illinois. He's making the poor in Illinois pay more than the rich in Texas, after all. Clearly the answer is to have the feds punish the rich in Texas, that'll solve all of the problems of the poor in Illinois!

Idiots.

The years and years of the republican stranglehold on Illinois is taking it's toll.

I think George Bush visited Chicago a few times. And just look at what happened here because of it.


Actually, Illinois has had Republican governors in recent memory. George Ryan, for example. And he was as corrupt as any and even went to prison.