• S&P improves financial outlook on Illinois

    by  • December 10, 2013 • 0 Comments

    SPRINGFIELD, Ill. (AP) — A major credit-rating house has taken a more positive outlook on Illinois debt than it has in years after last week’s pension-reform vote. Standard & Poor’s affirmed its A- rating on state debt backed by general tax revenue Tuesday but revised its outlook from “negative” to “developing.” The ratings agency...

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