Marc Joffe http://wuis.org en Report Questions Illinois' Low Credit Rating http://wuis.org/post/report-questions-illinois-low-credit-rating <p class="p1"><span style="line-height: 1.5;">&nbsp;&nbsp;</span>Governor Pat Quinn says Illinois' failure to solve its pension problem means the state will have to pay $130 million more in interest on <a href="http://www.reuters.com/article/2013/06/26/us-usa-illinois-bonds-idUSBRE95P18P20130626">bonds it sold Wednesday</a>. But a new study is questioning Illinois' low debt rating.</p><p><span style="line-height: 1.5;">Illinois got an average interest rate of five percent on the $1.3 billion bond sale — and had to turn away many potential buyers.</span></p> Thu, 27 Jun 2013 12:00:00 +0000 Brian Mackey 4872 at http://wuis.org Report Questions Illinois' Low Credit Rating