Episode 17: Downgraded




Illinois Rising show

Summary: <p>Fitch and Moody’s downgraded Illinois’ credit rating to Baa1 from A3, which is the state’s 13<sup>th</sup> downgrade since 2009. Scott Martin, president &amp; CEO of Accent Asset Management and Fox News Contributor, explains what that exactly means. Gov. Rauner has been pushing for a property tax freeze, but legislative Democrats are reluctant. Washington state, though, passed its own property tax freeze more than a decade ago with Democrat support, and it’s working well for the state. Paul Guppy, vice president of research for the Washington Policy Center, explains what makes the policy work.</p> <p><strong>Hosts:</strong> Dan Proft &amp; Pat Hughes</p> <p><strong>Guests:</strong> Scott Martin, Paul Guppy</p>