Thanks to sound fiscal management, Connecticut will receive another credit rating boost! Moody's and Fitch attribute the move to strong budgets, aggressive pension liability payments, and strong revenue growth. This is the seventh and eighth credit increases our state has received since the start of the Lamont administration.
So, why does this matter? These ratings upgrades will result in even greater demand for our bonds, creating savings for taxpayers, while freeing up resources for the state to make critical investments in education, housing, social services, and much more.
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