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    Jan 25, 2013 |Story| Chicago Tribune
  1. Illinois credit rating sinks to worst in nation

    SPRINGFIELD — Illinois fell to the bottom of all 50 states in the rankings of a major credit ratings agency Friday following the failure of Gov. Pat Quinn and lawmakers to fix the state’s hemorrhaging pension system during this month’s lame-duck session.
    Clout Street
    SPRINGFIELD — Illinois fell to the bottom of all 50 states in the rankings of a major credit ratings agency Friday following the failure of Gov. Pat Quinn and lawmakers to fix the state’s hemorrhaging pension system during this month’s...

    Tags: Tom Cross, Justice System, Credit and Debt, Government, Illinois Governor

  2. Jan 15, 2013 |Story| Los Angeles Times
  3. Fitch warns that debt-limit delay could hurt U.S. credit rating

    WASHINGTON — A failure by Congress to raise the debt limit "in a timely manner" could lead to a downgrade of the nation's AAA credit rating, Fitch Ratings said Tuesday.
    WASHINGTON — A failure by Congress to raise the debt limit "in a timely manner" could lead to a downgrade of the nation's AAA credit rating, Fitch Ratings said Tuesday. Republicans want major government spending cuts in exchange for a debt-limit...

    Tags: Federal Reserve, Social Security, Finance, Minor League Baseball, Republican Party

  4. Jan 11, 2013 |Story| Chicago Tribune
  5. Illinois credit rating takes hit after no action on pensions

    SPRINGFIELD — One of the nation's leading credit-rating firms put Illinois on a negative watch list today because Gov. Pat Quinn and state lawmakers failed to address the overwhelming public pension debt in the just-completed lame-duck session.
    Clout Street
    SPRINGFIELD — One of the nation's leading credit-rating firms put Illinois on a negative watch list today because Gov. Pat Quinn and state lawmakers failed to address the overwhelming public pension debt in the just-completed lame-duck session....

    Tags: Tom Cross, Justice System, Credit and Debt, Government, Illinois Governor

  6. Dec 13, 2012 |Story| Glendale News Press
  7. Glendale OKs electric rate study

    Without a single comment or question, the Glendale City Council this week unanimously approved spending roughly $71,000 on a study that will lay the groundwork for a proposed electric rate increase. The council doesn't expect to vote on the issue until...

    Tags: Google Inc., Credit Ratings, Credit and Debt, Environmental Issues, Conservation

  8. Dec 14, 2012 |Story| Chicago Tribune
  9. Illinois credit outlook drops as talk of business taxes surfaces

    A key rating agency dropped Illinois’ credit outlook from stable to negative Friday, a move that could make it more expensive to pay for an ongoing statewide construction program aimed a building new roads, schools and bridges.
    Clout Street
    A key rating agency dropped Illinois’ credit outlook from stable to negative Friday, a move that could make it more expensive to pay for an ongoing statewide construction program aimed a building new roads, schools and bridges. The warning shot...

    Tags: Justice System, Credit and Debt, Environmental Issues, Government, Illinois Governor

  10. Dec 11, 2012 |Story| KTLA-LTV
  11. Obama 'Willing to Compromise a Little' on Fiscal Cliff

    Washington -- It's crunch time for avoiding the fiscal cliff as President Barack Obama and House Speaker John Boehner and their aides hold private talks on issues that will impact every American.
    CNN
    Washington -- It's crunch time for avoiding the fiscal cliff as President Barack Obama and House Speaker John Boehner and their aides hold private talks on issues that will impact every American. Three weeks remain to cut a deal before the automatic...

    Tags: Small Businesses, Unemployment Benefits, Republican Party, White House, Moody's Corporation

  12. Jan 2, 2013 |Story| Imperial Valley Press Online
  13. Congressional deal to avoid fiscal cliff draws scant praise

    Staff Writer, Copy Editor
    Now that a last-minute agreement averting the nation’s going over the “fiscal cliff” has been reached, some are questioning how they will be personally impacted. The U.S. House of Representatives on Tuesday voted to approve a bill...

    Tags: U.S. House of Representatives, Unemployment Benefits, Credit and Debt, Employment Opportunities, Elections

  14. Jan 3, 2013 |Column| Chicago Tribune
  15. MarksJarvis: Stocks rally after retreat from 'fiscal cliff'

    There was a sigh of relief heard round the world Wednesday as Congress used New Year's Day to close the curtain on "fiscal cliff" theatrics and save most Americans from sharp tax increases that were expected to induce a recession.
    There was a sigh of relief heard round the world Wednesday as Congress used New Year's Day to close the curtain on "fiscal cliff" theatrics and save most Americans from sharp tax increases that were expected to induce a recession. But as the Dow Jones...

    Tags: Credit Ratings, Moody's Corporation, U.S. Congress, Public Finance, New Year's Day

  16. Jan 2, 2013 |Story| Los Angeles Times
  17. Moody's says 'fiscal cliff' deal doesn't end credit downgrade risk

    WASHINGTON -- Moody's Investors Service&nbsp;<a href="http://www.moodys.com/research/Moodys-Anticipates-Further-US-Fiscal-Action-Following-Fiscal-Cliff-Deal--PR_263047">warned</a> Wednesday that the "fiscal cliff"&nbsp;tax deal was not enough to remove the risk of a downgrade of the U.S. credit rating.
    This post has been updated. See notes below.
    WASHINGTON -- Moody's Investors Service warned Wednesday that the "fiscal cliff" tax deal was not enough to remove the risk of a downgrade of the U.S. credit rating. The company, one of three major credit rating firms, said the deal approved Tuesday...

    Tags: Minor League Baseball, Credit and Debt, Manufacturing and Engineering, Barack Obama, Moody's Corporation

  18. Jun 9, 2012 |Story| Chicago Tribune
  19. Tribune Watchdog: Soccer stadium deal kicks Bridgeview taxpayers in the teeth

    Rising from the rubble of an old industrial site, the 20,000-seat Toyota Park was supposed to put a small suburb on the map.
    Rising from the rubble of an old industrial site, the 20,000-seat Toyota Park was supposed to put a small suburb on the map. Yet the soccer stadium also has become a model of what can go wrong when a little town takes massive development gambles in a...

    Tags: Finance, Credit and Debt, Local Government, Property, Soccer

  20. Sep 7, 2012 | Los Angeles Times
  21. City of Santa Clarita gets AAA credit rating

    L.A. NOW
    Santa Clarita gets credit rating upgrade: At a time when many California cities are facing major fiscal shortfalls, and even bankruptcy, Santa Clarita’s credit rating has been upgraded to AAA status--the highest score a municipality can receive&#...
  22. Oct 3, 2012 | Los Angeles Times
  23. L.A. County gets its highest credit rating ever from S&P

    L.A. NOW
    L.A. County received its highest ever credit rating earlier this week, meaning the municipality will pay less interest when borrowing money for some projects....
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Ratings Photos
The Illinois State Capitol, Springfield. Standard & Poo...
(January 25, 2013)
Illinois' credit rating falls
Fitch boosted Ford's credit rating to BBB-minus from BB...
(April 24, 2012)
Fitch boosted Ford's credit rating to investment grade.
When the credit rating firm Standard & Poor s cut Ameri...
(December 23, 2011)
U.S. credit rating