“Fitch’s downgrade of our bond rating is embarrassing and may cost the state more money—money that we clearly do not have. How many more times do we have to be downgraded to prompt action in the General Assembly? I have worked and will continue to work with other members in the House and Senate to pass meaningful pension reform.”
Leader Tom Cross' Statement on Illinois Downgrade
House GOP Leader Tom Cross issued a statement at the end of the week regarding Fitch's downgrade of Illinois' Bond rating: