After tax hike and budget votes, Illinois avoids credit downgrade to junk for now – Chicago Tribune
Chicago Tribune |
After tax hike and budget votes, Illinois avoids credit downgrade to junk for now
Chicago Tribune Illinois government's credit rating avoided a cut to junk status Monday when two key agencies said votes to raise income taxes and advance a spending plan count as progress toward ending the state's yearslong budget stalemate. They warned, though, that … Illinois House passes $ 5 billion tax package Tax increase approved by Illinois House heads to Senate; Gov. Rauner threatens to veto In Bipartisan Vote, House Approves Tax Increase |