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JB Pritzker: “We've now gotten 10 credit upgrades in a row and we expect…”

Featuring: JB Pritzker, Democratic | Governor of Illinois

JB Pritzker is FIGHTING for Illinois Farmers | Full Speech

Published August 10, 2026 | Video Starts at 11:47

Since I took office, I balanced the budget eight straight years in a row and Moody's S and P and Fitch started giving us credit upgrades. Didn't just start, We've now gotten 10 credit upgrades in a row and we expect more. Our state pension funded ratio, this is important, has increased from about 39% when I took office to 50%. Are we celebrating? No, but it's progress. (11:47–11:52)

CLAIM

Asserts that Illinois received 10 consecutive credit upgrades under JB Pritzker's administration.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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JB Pritzker

“Made our state the third largest biodiesel producer in the country, rivaling for number two.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 07:53-07:59
“Every year, CNBC publishes a ranking of the top states for business. When I took office in 2019, Illinois ranked 30th out of the 50 states…”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 08:34-08:50
“Site Selection magazine ranked the top states for corporate expansions and incoming relocations. And Illinois now ranks second in the…”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 08:55-09:03
“Since 2022, the state of Illinois has paid the dues for every high school student taking an agricultural education class to be an FFA…”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 09:16-09:27
“That's increased the number of FFA members from 23,000 to 41,000.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 09:34-09:40
“Years of dysfunction and fiscal mismanagement led to 20 straight credit downgrades in a row over 25 years in a row, not one up.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 10:37-10:50
“Our state pension funded ratio, this is important, has increased from about 39% when I took office to 50%.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 11:52-12:00
“I also consolidated 649 small downstate fire and police pension funds, which has alleviated some of the upward pressure on local property…”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 12:04-12:16
“Soaring fertilizer and fuel costs have jacked up your cost of goods sold.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 01:34-01:40
“Foreign trade disputes have led to canceled export contracts.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 01:39-01:44
“Natural disasters are ripping through our farms and fields.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 01:44-01:48
“Crop prices have dropped substantially.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 01:48-01:52
“Without a farm bill, without FEMA dollars or a cessation of international hostilities, a divided Washington is hanging our farm communities…”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 01:51-02:03
“The closing of the Strait of Hormuz has ongoing hostilities across the Middle East have sent input prices through the roof.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 02:18-02:25
“Urea is up 50%. Ammonia and diamonium phosphate are up 20% each. Diesel, of course, has soared 35 to 50%.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 02:24-02:35
“Big oil companies announced that they're raking in record profits.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 02:38-02:43
“Billions of dollars in trade gone. Billions of dollars in tariffs paid by consumers gone.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 03:32-03:42
“Three years in a row of increasing farm bankruptcies across the entire nation.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 04:18-04:24
“In 2019 and then again in 2022, I worked with the ag associations to secure multi-year commitments from Taiwan to purchase nearly $5 billion…”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 05:07-05:21
“I declared an agricultural trade crisis, which directed our state government agencies to promote domestic markets for agricultural…”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 05:23-05:33
“My executive order also expanded healthcare for rural families.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 05:39-05:44
“I signed an agreement with the Indonesian government that is likely to result in hundreds of millions of dollars more in soybean sales from…”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 06:20-06:36
“I reduced red tape, expanded the number of meat and poultry inspectors, hired more field veterinarians to prevent disease outbreaks.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 06:42-06:51
“I fought hard to get a $51 million federal grant for IFAB, the Illinois Fermentation and agricultural biomanufacturing tech hub.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 07:25-07:35
“We're also bringing with it $680 million of external investment in Illinois.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 07:37-07:44
“I also enacted biodiesel incentives that have brought major investment in jobs from companies like Incobrassa and Gilman.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 07:45-07:54
“Illinois is now a hub of activity for sustainable aviation fuel production companies.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 07:59-08:05
“When I became governor in 2019, maybe some of you remember, our state had gone two years without a budget.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 10:30-10:38
“Since I took office, I balanced the budget eight straight years in a row and Moody's S and P and Fitch started giving us credit upgrades.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 11:37-11:46
“Illinois has now had four years in a row of positive cash flow.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 12:38-12:44
“Our distributions to local governments are higher, despite what some people want to tell you, much higher than they were before.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 12:49-12:57
“Our state's borrowing costs have been reduced by hundreds of millions of dollars because we have better credit ratings.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 12:57-13:05
“I enacted the Rebuild Illinois Infrastructure Plan, dedicating hundreds of millions of dollars to modernizing downstate airports and river…”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 13:05-13:15
“I have balanced the budget every year and we've increased state support for local schools every year.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 14:37-14:46
“Illinois now has a record number of teachers and we have the highest high school graduation rate in history.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 14:53-15:00
“In June, I announced $25 million for the bipartisan Illinois Pharmacy Support Program to stop rural pharmacies from closing.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 15:10-15:20
“Three years ago, with Senator Dale Fowler, I launched the $20 million Illinois Grocery Initiative to support independent grocers in rural…”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 15:25-15:33
“Earlier this year, I announced a $50 million investment that will build community health centers in rural and underserved areas.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 15:32-15:41
“I've expanded rural mental health care so that kids and adults can access free counseling and also referrals for more serious conditions.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 15:42-15:53
“We stepped in to help keep the Marshalltown Hammer Company from leaving Bushnell.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 15:57-16:03
“I'm doubling down on the Jerseyville Business park, one of the country's most promising sites for rural growth.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 16:03-16:09
“I made sure that Rural King's new corporate headquarters was built in Mattoon and not in some other state.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 16:17-16:25
“We're building public sewer and water systems in the smallest communities across Illinois, like Alto Pass.”
JB Pritzker is FIGHTING for Illinois Farmers | Full Speech | Uploaded August 10, 2026 | 16:25-16:32