"We will be watching for passage of a FY2025 budget that sufficiently addresses the structural deficit and does not include an over-reliance on non-recurring revenues or expenditure savings," Linda Vanderperre, senior director in KBRA's public finance ratings group, told The Bond Buyer.
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.
Just move it to junk, no reason to wait.