Fitch: Illinois making progress but still lags the country for budget stability – Center Square

Senior Director Eric Kim said all 50 states have enacted budgets as fiscal 2023 gets underway thanks largely to surging revenues. “There are of course outliers, Illinois being one of them as the only state in the BBB category, but for the most part states are pretty well positioned to deal with downturns,” Kim said of Illinois' lowest-in-the-nation credit rating.