California is enjoying a better reputation among bond investors since state voters approved tax...

|By:, SA News Editor

California is enjoying a better reputation among bond investors since state voters approved tax increases S&P estimates will boost revenues by more than $6B over the next several years. California is distancing itself from the one state it consistently, if barely, outranks in the muni market hierarchy: Illinois, which has done little to address its $83B unfunded pension liability.