S&P: To Preserve Credit Quality, U.S State And Local Governments Face Hard Choices
To Preserve Credit Quality, U.S State And Local Governments Face Hard Choices (00:09:11 min)
Standard & Poor’s expects U.S. state and local governments to maintain medium to high investment-grade ratings in 2011. However, difficult economic and revenue conditions could result in severe budget conditions, requiring tough choices by government officials. In this CreditMatters TV segment, Standard & Poor’s Managing Director Steve Murphy and Director Gabe Petek discuss the dynamics shaping the municipal markets, how the U.S. economy could affect state and local governments, state budget decisions, and pensions.
Watch
Standard & Poor’s expects U.S. state and local governments to maintain medium to high investment-grade ratings in 2011. However, difficult economic and revenue conditions could result in severe budget conditions, requiring tough choices by government officials. In this CreditMatters TV segment, Standard & Poor’s Managing Director Steve Murphy and Director Gabe Petek discuss the dynamics shaping the municipal markets, how the U.S. economy could affect state and local governments, state budget decisions, and pensions.
Watch
Comments
Post a Comment