Beltway Confidential

Illinois downgraded: The Deadbeat State gets deadbeatier

By Tom Rogan
Published June 1, 2017 10:28pm ET
Add Washington Examiner on Google
Illinois downgraded: The Deadbeat State gets deadbeatier
Illinois Gov. Bruce Rauner has faced relentless opposition from the state's Democrats as he has tried to cut spending and stand up to powerful unions. (Zbigniew Bzdak/Chicago Tribune via AP) | Zbigniew Bzdak

The land of Lincoln needs a new nickname.

People had taken to calling it “the Deadbeat State” after it started issuing IOUs in lieu of payment to vendors and even lottery winners. But now you can also call it the Just-Above-Junk State.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Commentary Fiscal Policy Illinois Moodys Pensions Tom Rogan