Moody's Investors Service has revised the State of Illinois' credit outlook to negative from stable, while affirming the state's general obligation debt rating at A2. The state has about $28 billion of G.O. bonds outstanding. We have also affirmed related ratings assigned to state borrowings, including about $2.6 billion of...
Moody's Revises State of Illinois' Rating Outlook to Negative from Stable
DEC 13, 2012 6:29pm ET
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New York's budget leaves it at risk of becoming one of only five states that do not allow the use of design-build procurement to deliver public infrastructure projects.
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