Tag
bailouts
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The CARES Act is one of the few government bailouts that doesn’t set a bad precedent.
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Budgets/TaxesEconomicsGovernment
Illinois Is Better Off Bankrupt
by Barry Poulson and John Merrifield June 20, 2018Illinois now has the worst credit rating in the municipal bond market. Moody’s Investment Services pegs Illinois’ debt at Baa3, and it could further downgrade that credit rating later in 2018.