Statement from Speaker Madigan

SPRINGFIELD, Ill. – Speaker Michael J. Madigan issued the following statement Friday:

“The work of the governor and General Assembly is clearly not done. As a result, the House will remain in session. While we’ve made progress on solving the governor’s budget crisis, we are not done. We will remain in session to continue our progress toward passing a balanced budget. In light of this ongoing progress, I would ask that bond rating agencies temporarily withhold judgment and allow legislators time to negotiate a bipartisan, balanced budget.”

Letter to Fitch Ratings, Inc.
Letter to Moody’s Investors Service, Inc.
Letter to Standard & Poor’s