Standard & Poor's Report: State Government Credits Not Bouncing Back

Vadum, Matthew
September 2003
Bond Buyer;9/15/2003, Vol. 345 Issue 31719, p4
Trade Publication
Focuses on the report issued by international credit rating agency Standard & Poor's Corp. which states that despite the recovery in national economy of the U.S., the creditworthiness of state governments is not improving. Budgetary difficulties faced by various states; Negative outlook rating for various states; Use of bond issue as a strategy by states for balancing of budgets.


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