டெட் ஹாம்ப்டன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

REGISTER NOW Illinois won a one-notch upgrade Tuesday from Moody’s Investors Service, action that turns the rating tide for a state stung by more than a decade of downgrades that left it one cut away from a speculative grade. Moody’s moved its general obligation and Build Illinois sales tax-backed ratings up one level to Baa2 from Baa3. It continues to assign a stable outlook. Illinois’ management through the COVID-19 pandemic and prudent actions with its rosier revenue projections and $8.1 billion in new federal relief from the American Rescue Plan Act drew Moody’s praise. Illinois Gov. J.B. Pritzker hailed the Moody s rating upgrade, calling it the state s first in more than 20 years.

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