“Given current political dynamics in Washington D.C. and the upcoming presidential election, we do not consider additional federal support likely,” the S&P strategists led by Felix Winnekens wrote. “Therefore, cities on the front line of migrant and asylum seeker inflows will have to face the uncertainty of rising costs without a guarantee of revenues to offset the expenditures.”
Regardless of the repercussions I feel certain that S&P et al will still hand out above junk ratings for the bonds once again as the usual circle continues.
chris
2 years ago
SEND THEM HOME BEFORE THEY CAN VOTE
Truth in Cook County
2 years ago
Funny, how the consistently hard-left Bloomberg focuses on the costs of the illegals in 3 northern cities, which per the article have only received 83,600 travelers. What about the cost for Texas and Arizona, which have millions of illegals squatting in cities in those states? No pleading of help for them? Seems racist!
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.
Regardless of the repercussions I feel certain that S&P et al will still hand out above junk ratings for the bonds once again as the usual circle continues.
SEND THEM HOME BEFORE THEY CAN VOTE
Funny, how the consistently hard-left Bloomberg focuses on the costs of the illegals in 3 northern cities, which per the article have only received 83,600 travelers. What about the cost for Texas and Arizona, which have millions of illegals squatting in cities in those states? No pleading of help for them? Seems racist!
Wow, who’d a seen that coming?
Donald Trump since at least 2016. Just saying.