credit downgrade

Dave Dahl -- Illinois Radio Network The budget downgrades in Illinois have been extended to universities – six of them in Illinois. Moody's Investors Service has downgraded the credit rating of Eastern Illinois, Governors State, Northeastern Illinois, Northern Illinois, Southern Illinois, and Western Illinois Universities...

Dave Dahl -- Illinois Radio Network The recent downgrade of outstanding bonds by Fitch's rating house – from A- to BBB+ – carries a lesson for Gov. Bruce Rauner, in the opinion of House Speaker Mike Madigan. “When rating agencies talk about Illinois, they talk about the problem with the budget deficit,” Madigan told reporters Tuesday...