TITLE

Standard & Poor's Puts Washington GO Rating on Negative CreditWatch

PUB. DATE
March 2002
SOURCE
Bond Buyer;3/20/2002, Vol. 339 Issue 31348, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports the placement of the general obligation rating of Washington on CreditWatch by Standard & Poor's. Implications of the reliance on non-recurring revenues and expenditures to address budget gap; Possibility of rating downgrade; Relevance of spending cuts to balance the budget.
ACCESSION #
6704774

 

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