50°F

Illinois Credit Receives Bad News

SRPINGFIELD - The state has been paying down its debt, but not everyone is impressed.

SRPINGFIELD - The state has been paying down its debt, but not everyone is impressed.

The Standard and Poor's Financial Rating Company has lowered the state's outlook to "negative." The change shows the company has less confidence in the state's ability to balance its budget and pay its bills.

Lower or negative ratings mean the state must offer higher interest rates to attract investors; a change which will cost taxpayers more.

Page: [[$index + 1]]
comments powered by Disqus

Contact Our News Room

TELEPHONE
1-815-963-2773

FAX
1-815-963-0029

ADDRESS
1917 N. Meridian Rd.
Rockford, IL 61101

E-MAIL
News Desk 

Click here for more about WQRF and WTVO.

New-Mom-Blog.jpg