CHANGE: S&P Raises State of Ohio’s Credit Rating; Cites GOP Governor Kasich’s Whining About His Predecessor and His Budget, But Mostly His Budget. “Standard & Poor’s Ratings Services upgraded Ohio’s debt rating just one day after it put the United States on ‘creditwatch negative’ on what it calls a rising risk of policy stalemate in the debt limit negotiations. For Ohio, the rating was revised from ‘negative’ to ‘stable’ after Gov. John Kasich signed a new budget the ratings agency says will essentially balance the state’s finances for the next two years.”
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