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Downgraded Illinois credit rating snarls borrowing plan


Geoff

Geoff Dougherty

January 10, 2012 @ 7:00 AM

Legislative Democrats and Gov. Pat Quinn still hope they can talk enough Republicans into borrowing money to pay off the state's backlog of bills, but negative marks by two bond rating agencies may snuff out what little hope they had of getting GOP lawmakers to budge.

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