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Fitch and Moody’s downgraded Illinois’ credit rating to Baa1 from A3, which is the state’s 13th downgrade since 2009. Scott Martin, president & 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.
Hosts: Dan Proft & Pat Hughes
Guests: Scott Martin, Paul Guppy |
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