Did you know that Illinois' credit rating ranks just above Kazakhstan's?
Here's How We Rank
Thursday, Aug 14, 2014
Our state boasts the nation's fifth-largest economy, but our long–term debt and irresponsible spending is driving us into the ground.
On August 5, 2011, the United States experienced its first-ever credit downgrade after the government failed to produce a credible plan to reduce the nation's long-term debt. Since that time, the U.S has continued a policy of unrestrained spending and trillion-dollar deficits.
Without comprehensive reform, the U.S. could join the likes of Greece, Argentina and Cyprus in "junk bond" status. We cannot allow this unsustainable path to continue.
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