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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…
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A major credit rating agency has downgraded Illinois' rating on outstanding bonds because of the state budget crisis.Fitch Ratings on Monday lowered the…
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A second major rating agency is downgrading Illinois' credit worthiness. Moody's Investors Service lowered the state's $27 billion in outstanding bond…