Page 20 - செனட் ப்ரெஸிடெஂட் தாதா ஹார்மன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Normal, IL, USA / www.cities929.com Jul 8, 2021 | 4:44 PM (The Center Square) – Illinois’ credit rating got another boost on Thursday, but some disagree on what’s behind the growing faith in the state’s ability to pay its debts. Several weeks ago, Fitch Ratings maintained the state’s worst-in-the-nation rating, but changed the state’s credit rating outlook from negative to positive. Last week, Moody’s increased the state’s rating a notch upward. Thursday, at an unrelated event in Springfield, U.S. Sen. Dick Durbin welcomed the developments. “The governor announced and I was happy to hear it that our credit rating as a state has improved dramatically for the first time in a long time,” said Durbin, D-Springfield. “Part of the reason is we are sending $8 billion dollars [in federal taxpayer funds] to the state of Illinois.”

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