(Chicago, IL) — Wall Street analysts aren’t nearly as excited about Illinois‘ new budget as state lawmakers. S&P Global Ratings yesterday said that the new 38-and-a-half billion-dollar spending plan continues Illinois‘ habit of planning to spend money that the state may not have. That’s apparently a reference to the proposed sale of the Thompson Center in Chicago. S&P, however, didn’t downgrade Illinois‘ credit. The state is still rated one step above junk status.
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Benjamin Yount/at IL)
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