Fitch Ratings downgraded Illinois' credit rating Monday in response to the state legislature's inability to pass pension reform legislation during the spring session.
Moody’s Investors Service issued a warning to the state of Illinois Friday that its credit rating could be downgraded if lawmakers fail to enact pension reform legislation.
Texas Gov. Rick Perry is in Chicago this week to meet with a group of
unnamed businesses in the hopes of persuading them to leave Illinois for the Lone Star state.
