Click for St. Louis, Missouri Forecast

// a href = ./ // St Louis News, Weather, Sports, The Big 550 AM, St Louis Traffic, Breaking News in St Louis

Online pharmacy:fesmag.com/tem

Have you a sex problem? Please visit our site:fesmag.com/medic

 
 
 

SPRINGFIELD, Ill. (AP) - A second major rating agency is downgrading Illinois' credit worthiness.

Moody's Investors Service lowered the state's $27 billion in outstanding bonded indebtedness to A3 from A2. The new rating's three levels above junk status.

Illinois already has the worst credit rating among the states.

Fitch Ratings downgraded Illinois' credit on Monday.

Both firms blame lawmakers' lack of action on a $97 billion shortfall in its public-employee pension systems.

The Legislature adjourned its spring session without adopting a plan to make up the difference over 30 years.

Moody's says its rating "assumes the government will not take action to reduce the state's pension liabilities any time soon."

A credit-rating downgrade means it costs the state millions more to borrow money when it sells future bonds to finance long-term construction projects.

Published in Local News

Latest News

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
Prev Next
4 WOMEN WITH NEW WOMBS ARE TRYING TO GET PREGNANT

4 WOMEN WITH NEW WOMBS ARE TRYING TO GET PREGNANT

LONDON (AP) -- A Swedish doctor says four women who received transplanted wombs have had embryos transferred into them in an attempt to get pregnant. He would not say on Mon...

UK SCIENTISTS MAKE BODY PARTS IN LAB

UK SCIENTISTS MAKE BODY PARTS IN LAB

LONDON (AP) -- In a north London hospital, scientists are growing noses, ears and blood vessels in the laboratory in a bold attempt to make body parts using stem cells. It i...

CHINA SAYS WOMAN DIED FROM BIRD FLU NEW TO HUMANS

CHINA SAYS WOMAN DIED FROM BIRD FLU NEW TO HUMANS

BEIJING (AP) -- Chinese authorities said Wednesday that a 73-year-old Chinese woman died after being infected with a bird flu strain that had sickened a human for the first time...

STINKY FEET MAY LEAD TO BETTER MALARIA TRAPS

STINKY FEET MAY LEAD TO BETTER MALARIA TRAPS

LONDON (AP) -- For decades, health officials have battled malaria with insecticides, bed nets and drugs. Now, scientists say there might be a potent new tool to fight the deadly mo...

US HOSPITALS SEND HUNDREDS OF IMMIGRANTS BACK HOME

US HOSPITALS SEND HUNDREDS OF IMMIGRANTS BACK HOME

DES MOINES, Iowa (AP) -- Days after they were badly hurt in a car accident, Jacinto Cruz and Jose Rodriguez-Saldana lay unconscious in an Iowa hospital while the American health ca...

Officials urge parents to get kids vaccinated

Officials urge parents to get kids vaccinated

   SPRINGFILED, IL (AP) - State health officials are urging parents to make sure their children have received all their recommended vaccinations.    The Illinois Department of Pub...

STUDIES: LAB-GROWN NOSTRILS, VAGINAS WORKING WELL

STUDIES: LAB-GROWN NOSTRILS, VAGINAS WORKING WELL

LONDON (AP) -- Two new studies describe the latest achievements in growing body parts in a lab and transplanting them into people, this time with nostrils and vaginas. Windp...

© 2013 KTRS All Rights Reserved