Illinois Receives Third Credit Rating Upgrade in Two Decades

Illinois Receives Third Credit Rating Upgrade in Two Decades

(IOCI RADIO) – Gov. J.B. Pritzker touted Thursday the state’s third credit rating upgrade in two decades.

Moody’s Investor Service raised Illinois’ bond rating again, citing solid tax revenue growth, increasing pension contributions and other improvements.

Pritzker said the upgrade means Illinois can likely borrow at a lower interest rate, saving taxpayers millions of dollars.

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