Chicago suffers credit downgrade following agency warning over Mayor Brandon Johnson’s 2025 budget
Ratings agency S&P downgraded the city of Chicago’s general obligation debt late Monday, citing structural imbalance in the just-passed 2025 budget, limited options for new revenue down the line and a ...
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Mayor's office disagrees with Chicago's credit downgrade
One of the rating agencies has downgraded the City of Chicago’s credit, pointing to issues with this year’s budget. An ...