Fitch

Government
5:29 am
Tue June 4, 2013

State Hit With Another Bond Rating Downgrade

Credit state of Illinois

Governor Pat Quinn is calling for a meeting today with legislative leaders to discuss Illinois' pension crisis. The move comes after a downgrade of the state's bond rating.

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Government
7:27 am
Sat January 12, 2013

Illinois' Credit Rating Faces More Scrutiny

Credit state of Illinois

All three major credit rating agencies have labeled Illinois' financial outlook a "negative."  Fitch issued its downgrade Friday. Fitch blames its action on lawmakers' failure to pass a pension overhaul before adjourning Tuesday.

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