31 to pay bills, Rauner has been reluctant to take that step

buy canada goose jacket Bond sale to pay overdue bills may aid Illinois’ credit rating buy canada goose jacket

canada goose black friday sale CHICAGO, Aug 22 (Reuters) canada goose uk outlet The sale of up to $6 billion of bonds by Illinois buy canada goose jacket to shrink its enormous unpaid bill backlog, an action the governor has canada goose clearance yet to take, could protect the state from a credit rating downgrade to junk, S canada goose uk shop Global Ratings said on Tuesday. canada goose black friday sale

canada goose coats The https://www.canadagoosejacketca.ca credit rating agency said the issuance of canada goose clearance sale 12 year general obligation bonds would be cheaper than late payment penalties of as high canada goose coats as 12 percent that the nation fifth largest state owes canadian goose jacket on much of its $14.8 cheap canada goose uk billion backlog Canada Goose Online of bills. canada goose coats

canada goose deals the state may realize net fiscal savings which we believe Illinois can buy canada goose jacket cheap ill afford to pass up given its weakened financial position, even if the additional Canada Goose Jackets debt service adds incrementally to its operating deficit, S said in a statement. canada goose deals

canada goose Illinois bonds due in 12 years were yielding 3.91 percent, according to Municipal Market Data, a unit of canada goose Thomson Reuters. Since the Democratic controlled legislature enacted a uk canada goose outlet fiscal Canada Goose sale 2018 budget and income tax hike in July over Republican Governor Bruce Rauner vetoes, the state canada goose black friday sale so called credit spread over cheap Canada Goose MMD benchmark triple A yield scale for 10 year bonds narrowed to 178 basis points from a high of 335 basis points canada goose factory sale in June. 31 to pay bills, Rauner has been reluctant to take that step. canada goose outlet store locations Illinois Comptroller Canada Goose Coats On Sale Susana Mendoza, a Democrat who canada goose coats on sale is in charge of paying the canada goose store state bills, has been pushing for the bonds as late payment penalties uk canada goose grow by $2 million a day. canada goose

Canada Goose Parka glad to see Canada Goose Parka our argument vindicated by S said Abdon Pallasch, her spokesman. Canada Goose Parka

Canada Goose sale There was no immediate comment on the S report from Rauner Canada Goose online office. Canada Goose sale

canada goose clearance S said implementing the bond plan would likely not improve Illinois BBB minus canada goose uk black friday rating, which is a step above junk. canada goose clearance

Canada Goose Jackets refinancing a portion of the state high interest bill Canada Goose Outlet backlog could offer a modest layer of potential cushion to its liquidity, the statement said. (Reporting by Karen Pierog; Editing by Matthew Lewis) Canada Goose Jackets.