• HOME :
  • NEWS :
  • S&P: FEDERAL BAILOUT PARTLY DRIVES ILLINOIS CREDIT UPGRADE

S&P: Federal bailout partly drives Illinois credit upgrade

JULY 9, 2021 | by Greg Bishop | THE CENTER SQUARE (ILLINOIS)

By Greg Bishop, includes “Illinois’ credit rating got another boost on Thursday, but some disagree on what's behind the growing faith in the state's ability to pay its debts. … at an unrelated event in Springfield, U.S. Sen. Dick Durbin welcomed the developments. ‘… Part of the reason is we are sending $8 billion dollars [in federal taxpayer funds] to the state of Illinois.’ …”

VIEW LESS