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All Eyes on States’ Fiscal Health After Moody’s US Downgrade

A dozen states, including Florida, North Carolina, Tennessee, and Texas, have perfect credit scores.
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All Eyes on States’ Fiscal Health After Moody’s US Downgrade
The Moody's Corporation headquarters in New York City on Nov. 12, 2021. Andrew Kelly/File Photo/Reuters
Andrew Moran
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The fiscal health of U.S. states is in the spotlight after Moody’s Ratings lowered the United States’ credit score.

In a May 16 announcement, the agency downgraded the United States’ long-term credit rating by one notch, citing the federal government’s deteriorating fiscal outlook.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."