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House Speaker Michael Madigan: Credit Downgrade Caused by Governor Rauner’s Desire to Cause Crisis

SPRINGFIELD, Ill. –(ENEWSPF)--June 9, 2016.   House Speaker Michael J. Madigan issued the following statement after Moody’s Investors Service downgraded Illinois’ credit rating Wednesday:

“Governor Rauner has created the crisis he so publicly sought. The crisis he wanted when, shortly after taking office, he said ‘Crisis creates opportunity. Crisis creates leverage … and we’ve got to use that leverage of the crisis…’

“It’s an outrage that we have gone nearly a year without a state budget. This downgrade is directly attributable to Governor Rauner’s reckless decision to hold the state hostage for more than a year and . . .

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