Sunday, July 17, 2011

Ohio's credit rating improves, Illinois still stagnant

Last fall Ohio and Illinois voters had a choice between a free-spending Democratic incumbent and a fiscally conservative Republican when they decided who would be their governor for the next four years. Ohio chose the Republican, Illinois stayed with the Democrat.

As Doug Ross reports, Ohio's credit rating has gone up a notch and is now higher than Illinois' A+ rating. Only California has a lower one.

The Buckeye State is regarded as "stable" by Standard & Poors, while Illinois is rated as "negative."

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