Nixon Says Missouri’s AAA Credit Rating Reaffirmed
Missouri's Democratic Gov. Jay Nixon says the state has held on to its AAA credit rating.
credit rating
Credit Rating for State of Illinois Drops Slightly
The Illinois credit rating has taken a hit today. Standard & Poor's lowered the rating to A-minus from A. Credit analysts blame a lack of action on a solution to the state's pension problems. Illinois has a $96 billion pension deficit.
Illinois’ Credit Rating Lowered
Illinois' credit rating has taken another hit. Standard & Poor's lowered the rating a notch today because of the deadlock over how to solve the continuing pension problems. That means state borrowing could cost more. Only California has a lower rating from S&P. But th...