Speaker Madigan Says Lawmakers Must Focus on Budget

Springfield — Illinois’ most powerful Democrat says the state’s recent credit downgrades is proof that lawmakers need to focus on ending the budget impasse. House Speaker Mike Madigan released a statement yesterday shortly after Moody’s downgraded the state, saying, “Two credit downgrades in the same week are certainly nothing to claim victory over and nothing to ignore.” The state had been downgraded on Monday by Fitch, another creditor. Madigan says the message is clear: Illinois must come to terms on a spending plan.