The work we’ve done in the legislature with two governors over the last twelve years is noticed again by Wall Street resulting in significant taxpayer savings. Standard & Poor’s announced it is increasing Connecticut’s general obligation bond credit rating from A+ to AA-.Submitted by senatorduff t3_z58yn6 in Connecticut
letstry822 t1_ixv5xlt wrote
Splain Lucy
hamms30 t1_ixvdbg2 wrote
Connecticut is less of a credit risk. If the state needs to borrow money in the future, it would be at a lower interest rate since we're deemed a lower risk and more stable investment compared to previously.
letstry822 t1_ixvelfd wrote
Gotcha, thanks
Viewing a single comment thread. View all comments