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
hamms30 t1_ixvdbg2 wrote
Reply to comment by letstry822 in 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-. by senatorduff
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
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