Edgar, Munger speak up in effort to end impasse

By Sara Burnett Associated Press writer

Posted October 20, 2015 2:50 PM

Pressure is building for Republican Gov. Bruce Rauner and majority Democrats to end their months-long stalemate over Illinois’ budget, though lawmakers appear no closer to a deal as they reconvene today for the first time in weeks.Fitch Ratings on Monday downgraded Illinois’ rating on $26 billion in outstanding bonds because of the situation, and Moody’s Investors Service warned that the state’s inability to make its November pension payment could further hurt its already dismal credit rating.The …

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