Illinois' Credit Rating Downgraded as Budget Impasse Stalls
Clip: 10/18/2015 | 5m 18sVideo has Closed Captions
Illinois' credit rating is downgraded as the budget impasse nears five months.
The fiscal cracks may be turning into floodgates as the state government approaches a fifth month without a budget. Today a major ratings agency dealt a blow to the state as a result of the inaction in Springfield. Has it emboldened either side to get off the sidelines and work together on a solution? Paris Schutz has the latest.
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Illinois' Credit Rating Downgraded as Budget Impasse Stalls
Clip: 10/18/2015 | 5m 18sVideo has Closed Captions
The fiscal cracks may be turning into floodgates as the state government approaches a fifth month without a budget. Today a major ratings agency dealt a blow to the state as a result of the inaction in Springfield. Has it emboldened either side to get off the sidelines and work together on a solution? Paris Schutz has the latest.
Problems playing video? | Closed Captioning Feedback
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