• Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
Friday, October 17, 2025
Illinois Review
  • Login
  • Register
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
No Result
View All Result
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • US NEWS
  • America First
  • Opinion
  • World News
  • Second Amendment
No Result
View All Result
Illinois Review
No Result
View All Result
Home Illinois News

Moody’s warns Illinois … again. Wirepoints holds little hope they’ll heed

Illinois Review by Illinois Review
February 8, 2019
in Illinois News
Reading Time: 2 mins read
A A
4
26
SHARES
436
VIEWS
Share on FacebookShare on Twitter

Screen Shot 2019-02-08 at 9.34.36 AM

You might also like

State Rep. Norine Hammond Accused of Abusing Campaign Funds Through “Non-Itemized” Self-Payments

Norine Hammond’s Campaign in Crisis: McCombie Sends Paid Knockers as Voters Revolt, Refuse to Sign Petitions

Pritzker, Johnson Spend $2.5 Billion on Illegal Aliens While Black Infants Die at Alarming Rates

It's never fun to get a warning – from law enforcement, a doctor or a creditor. But it's never wise to ignored warnings from the experts, either. Illinois was warned this week by a key credit rating agency – Moody's. It remains to be seen how Governor Pritzker and the Illinois General Assembly responds. 

Will they heed the warning, or foolishly blow it off again?

The brainy guys at Wirepoints.com explain that for the first time, Moody's actually points to the consistent, growing number of people moving out of Illinois as part of why they place Illinois bonds just above junk level:

The ratings agency paints a grim picture, especially considering Illinois taxpayers have seen state pension debts grow by $80 billion over the decade despite a quadrupling in the amount of money they’re putting in.

Illinois’ high tax rates, increasing out-migration, enormous debts and a near-junk credit rating should force Pritzker to pursue a constitutional amendment for pensions. A reduction in retirement debts – for both pensions and retiree health insurance – is Illinois’ only true option. But all indications show the governor is loathe to pursue an amendment.

Wirepoints.com doesn't put much hope into the controlling Democrats heeding Moody's warning:

Instead, look for Pritzker to ignore Illinois’ conundrum and the flight of Illinoisans to continue.

Read the rest at Wirepoints.com.

Related

Share10Tweet7
Previous Post

Change It or Obey It? — Why the Constitution is the Solution

Next Post

Rossi: Home Run for President Trump

Illinois Review

Illinois Review

Founded in 2005, Illinois Review is the leading perspective and source of conservative news, opinion and information in Illinois. Follow Illinois Review on X at @IllinoisReview.

Recommended For You

State Rep. Norine Hammond Accused of Abusing Campaign Funds Through “Non-Itemized” Self-Payments

by Illinois Review
October 17, 2025
0
State Rep. Norine Hammond Accused of Abusing Campaign Funds Through “Non-Itemized” Self-Payments

By Illinois ReviewA formal complaint filed under Illinois election law early Friday morning, accuses State Representative and House Deputy Minority Leader Norine Hammond (R-Macomb) of misusing campaign funds...

Read moreDetails

Norine Hammond’s Campaign in Crisis: McCombie Sends Paid Knockers as Voters Revolt, Refuse to Sign Petitions

by Illinois Review
October 16, 2025
0
Norine Hammond’s Campaign in Crisis: McCombie Sends Paid Knockers as Voters Revolt, Refuse to Sign Petitions

By Illinois ReviewIllinois House Republican Leader Tony McCombie and her closest ally, Deputy House Republican Leader Norine Hammond, are facing an unprecedented revolt from constituents – many of...

Read moreDetails

Pritzker, Johnson Spend $2.5 Billion on Illegal Aliens While Black Infants Die at Alarming Rates

by Illinois Review
October 16, 2025
0
Pritzker, Johnson Spend $2.5 Billion on Illegal Aliens While Black Infants Die at Alarming Rates

By Illinois ReviewAs Illinois Democrats boast about their “compassionate” policies for illegal aliens, the tragic reality is that compassion doesn’t extend to their own citizens – especially to...

Read moreDetails

GOP Leader Norine Hammond Takes $50K from Liberal Groups Backing Transgender Lessons, Mask Mandates, Anti-Trump Agendas

by Illinois Review
October 15, 2025
0
GOP Leader Norine Hammond Takes $50K from Liberal Groups Backing Transgender Lessons, Mask Mandates, Anti-Trump Agendas

By Illinois ReviewIllinois State Representative and Deputy House Republican Leader Norine Hammond (R-Macomb) is drawing sharp criticism from conservatives after campaign finance records revealed she accepted $50,000 from...

Read moreDetails

PillowGate: McCombie and Norine Hammond Face Growing Backlash Over Taxpayer Spending and Political Favoritism

by Illinois Review
October 14, 2025
0
PillowGate: McCombie and Norine Hammond Face Growing Backlash Over Taxpayer Spending and Political Favoritism

By Illinois ReviewA new controversy is stirring within the Illinois Republican Party – one that threatens to undermine its message about fighting corruption and protecting taxpayers. State Rep....

Read moreDetails
Next Post

Rossi: Home Run for President Trump

Please login to join discussion

Best Dental Group

Related News

IL Freedom Caucus calls on Lurie Children’s Hospital to cease gender services for kids

October 27, 2022

Beckman: Is the Brigham Young University racial slur controversy another hoax?

October 27, 2022

Salvi polling shows closer race

October 27, 2022

Browse by Category

  • America First
  • Education
  • Faith & Family
  • Foreign Policy
  • Health Care
  • Illinois News
  • Illinois Politics
  • Opinion
  • Science
  • Second Amendment
  • TRENDING
  • US NEWS
  • US Politics
  • World News
Illinois Review

llinois Review LLC Editor-in-Chief Mark Vargas General Counsel Scott Kaspar Copyright © 2025 IR Media Corp., all rights reserved.

Navigate Site

  • Checkout
  • Home
  • Home – mobile
  • Login/Register
  • Login/Register
  • My account
  • My Account-
  • My Account- – mobile

Follow Us

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Illinois News
  • Illinois Politics
  • US Politics
  • Health Care
  • US NEWS
  • America First
  • Opinion
  • TRENDING
  • Education
  • Foreign Policy
  • Second Amendment
  • Faith & Family
  • Science
  • World News

llinois Review LLC Editor-in-Chief Mark Vargas General Counsel Scott Kaspar Copyright © 2025 IR Media Corp., all rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?