Article updated: 1/25/2013 5:43 PM

S&P rating makes Illinois the country’s worst state

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Illinois' already disastrous financial situation worsened Friday as another credit rating agency downgraded its rating to the worst of any state in the country, blaming lawmakers' ongoing failure to resolve a multibillion-dollar pension crisis. "We believe that legislative consensus on reform will be difficult to achieve given the poor track record in the past two years," analysts said.

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