Moody's Analytics

Moody's Downgrades Rating On $26.8B In Illinois Bonds

Associated Press

The Moody's credit rating agency has downgraded $26.8 billion in Illinois's general obligation bonds, saying the move was due to the state's weakening...

"I don't know how you can blame us or the governor for a negative bond rating," Senate President John Cullerton says. "The Republicans are the ones saying, 'Don't raise the taxes, we don't need that. Make structural changes,' whatever that means."

TSPR Local News

Moody's: Budget Could Undo 'Significant Progress'

Brian Mackey

The credit rating agency Moody's says Illinois is at risk of undermining progress toward better finances. It says the failure to extend current income...

TSPR Local News

Illinois Economy Slowly Improving

Brian Mackey

News about Illinois' economy is typically bleak, but at least one outside observer is seeing modest improvement.Moody's Analytics is changing Illinois'…