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The state hasn’t wowed anyone just yet at a credit rating agency but the state also hasn’t been downgrade to junk. 
 
Moody’s has offered an opinion on what Illinois did with a budget and tax increase. 
 
The extra revenue is going to generate $5 billion more dollars a year but the state’s short term is three times that and that concerns Moody’s. In a report released Friday Moody’s questions the state’s ability to generate sustained surpluses that would be needed to reduce the pile of bills. 

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