Massive Illegal Immigrant Expenses May Affect Credit Ratings of NYC, Chicago, Denver: S&P Report
By Bill Pan The spiraling cost of caring for the surging influx of illegal immigrants and asylum seekers could affect the credit ratings of three large American cities, S&P Global Ratings said in a new report. “State and local governments are shouldering the rapidly growing costs of assisting migrants and asylum seekers as their numbers increase in the U.S.
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