S&P cuts Illinois’ credit rating on state’s ‘weak’ management – CNBC


CNBC
S&P cuts Illinois’ credit rating on state’s ‘weak’ management
CNBC
“The downgrade reflects our view of continued weak financial management and increased long-term and short-term pressures tied to declining pension funded levels,” said S&P analyst John Sugden in a statement. Illinois, the lowest-rated U.S. state, is in

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