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Illinois' Credit Rating Facing Big Hit After Passing Debt-Heavy Budget

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First Posted: 07-16-09 08:31 PM   |   Updated: 07-16-09 08:38 PM

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Read More: Illinois Bonds, Illinois Budget, Illinois Budget Deficit, Illinois Credit Rating, Illinois Moody's Rating, Moody's Investor Services, Chicago News
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Bloomberg:

Illinois's long-term credit rating was put on watch by Moody's Investors Services after lawmakers adopted a budget that includes $3.5 billion in short-term notes to meet pension expenses.

Read the whole story: Bloomberg

Illinois's long-term credit rating was put on watch by Moody's Investors Services after lawmakers adopted a budget that includes $3.5 billion in short-term notes to meet pension expenses.
Illinois's long-term credit rating was put on watch by Moody's Investors Services after lawmakers adopted a budget that includes $3.5 billion in short-term notes to meet pension expenses.
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