Bailout

Illinois gets its first credit upgrade in 20 years. It took $138 billion in federal relief for it to happen. – Wirepoints

July 1, 2021 | By Muddy River News

from Ted Dabrowski and John Klingner of WIREPOINTS. – llinois has just received a credit rating upgrade from Moody’s to Baa2, a level two notches above junk. It’s the state’s first upgrade in some 20 years and a major turnaround given that just one year ago Illinois faced the prospect of becoming the first state to ever be rated…