-
S&P Global Ratings says Illinois should borrow money to pay down its bill backlog.The agency claims the state can borrow at a lower interest rate than it…
-
A major credit agency raised debt ratings and affirmed others for seven Illinois universities in response to the state finally passing an annual…
-
A credit ratings agency has removed Illinois from a credit watch since legislators approved a budget and ended a more than two-year impasse.S&P Global…
-
One day after the Illinois General Assembly ended its spring session without passing a budget, two bond-rating agencies have downgraded the state’s…
-
Illinois has gone 19 months without a budget, and a credit rating agency says that's further deteriorating the state's fiscal status. Analysts at S&P…
-
Illinois’ large budget imbalance and an $83 billion unfunded pension liability have led Standard & Poor's Ratings Services to lower the state’s credit…