Martin Luby

Statehouse
7:19 am
Mon March 10, 2014

Illinois Pays Penalty For Bad Fiscal Image

Professor Martin Luby
Credit igpa

When it comes to finances, the State of Illinois has a poor reputation.   New research shows how the state's negative perception is costing taxpayers. 

Illinois already has the worst credit rating among states.  And while that adds to the cost of borrowing money, Illinois winds up paying even more because investors view it as risky of default.

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