Fri08012014

Last updateThu, 31 Jul 2014 12pm

Independent credit rating agencies raise concerns about impact of House Bill 253

S&P concerned that House Bill 253 could have a “significantly negative impact on the state’s finances”
ST. LOUIS, Mo. – Gov. Jay Nixon today sent a letter to members of the Missouri House and Senate regarding findings published last week by the three leading independent credit rating agencies, Standard & Poor’s, Fitch and Moody’s, regarding the potential impact of House Bill 253 on Missouri’s credit rating. The agencies’ reports show the potential for serious risks to Missouri’s fiscal health and the state’s long-standing AAA credit rating if the Governor’s veto is overridden and House Bill 253 becomes law.

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