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Originally Posted by crucifissio
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You mean it like in 2008 year?
Quote:
Originally Posted by Barry-xlovecam
GOs are (general obligation bonds)
a of municipal bond in the United States that is secured by a state or local government's pledge to use legally available resources, including tax revenues, to repay bond holders.
https://www.bloomberg.com/news/artic...s-its-politics
Fox News and RT 'news' are very similar in many ways and mostly full of shit. |
CNN write it too. And S&P it is serious rating agency
Illinois could go down in history as the first U.S. state with a "junk" credit rating.
The rating firm S&P Global Ratings says it will probably give the state that embarrassing distinction if lawmakers fail to reach a budget deal by the start of the fiscal year on July 1. It would be the third straight year Illinois can't pass a budget.
Illinois could soon become America's first 'junk' state - Jun. 27, 2017