credit downgrade

Dan Rutherford

Rutherford: Credit Downgrade Could Cost State $95 Million

Standard and Poor’s decision to lower Illinois’ credit from A to A- comes just days ahead of plans to issue $500 million in bonds.


Gov. Pat Quinn. (Credit: Craig Dellimore/WBBM Newsradio)

Moody’s Downgrades Illinois’ Credit Outlook To Negative

Moody’s Investor Services has downgraded the state’s credit outlook from stable to negative.