Enough
is Enough

Bloomberg: Investors Just Want an Illinois Governor Who Will Avoid a Junk Rating

  • 26.10.2018
  • 61
  • 1
back to news

Illinois investors are endorsing fiscal stability this election.

No matter who wins the gubernatorial race next month, bondholders want the next chief executive to avoid a repeat of the longest budget impasse in U.S. history, one that put Illinois on the brink of becoming the first junk-rated state. That gridlock — the result of a two-year standoff between Republican Governor Bruce Rauner and the Democrat-run legislature — drove unpaid bills to a record $16.7 billion, forced cuts in social services, and sent borrowing costs to multi-year highs.

Click here to read more

61

One response to “Bloomberg: Investors Just Want an Illinois Governor Who Will Avoid a Junk Rating”

  1. Neil DeVore says:

    Madigan is the problem. He was the problem with Blagojevich and Rauner. I hope Pritzker has more luck, but basically I am about ready to move.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest in News

  • 29.05.2019
  • 21
  • 0

State Journal-Register: House Democrats OK Pritzker’s graduated income tax plan

  • 29.05.2019
  • 7
  • 0

Chicago Sun-Times: Graduated income tax question heads to ballot as House OKs constitutional amendment

  • 29.05.2019
  • 5
  • 0

NPR Illinois: Dems Put Graduated Income Tax Before Voters