TUESDAY NIGHT: Rain develops this evening and changes to snow after Midnight. Isolated thunderstorms also possible. Very windy after Midnight. Low: 29. Winds: North 20-25 mph, gusting to 40 mph.
WEDNESDAY: Morning snow. ...
Fitch Calls Pension Reform "Positive" Development
A major credit rating agency says it sees the state's passage of pension legislation as a positive development.
Fitch says it's necessary to see if reform measures enhance pension system funding and control pension payments' effect on the state budget.
Fitch also believes a legal challenge is likely.
Fitch rates Illinois an A-, with a negative rating outlook. That's the lowest rating of any U.S. state.