"For the second time in two weeks, another independent voice has downgraded our state's credit rating citing a fiscal crisis under the leadership of Governor Pat Quinn. The downgrade by the widely respected Fitch rating agency will cost taxpayers hundreds of millions of dollars, and, according to Fitch, makes Illinois second only to California as the worst rated state in America.
The moves by Fitch and other independent rating agencies are a stark reminder of the failed economic policies under the Quinn-Blagojevich administrations. Illinois cannot afford four more years of taxing and spending under Pat Quinn."
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