Illinois has the lowest bond rating in the nation and would pay a higher interest rate on those government loans than any other state in the country, regardless of how low interest rates currently are. Fitch downgraded the state’s Issuer Default Rating to “BBB-” from “BBB” Thursday.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.