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New Jersey Downgraded Again [View all]
Source: Political Wire
New Jersey Downgraded Again
"Wall Street analysts at Fitch Ratings today downgraded New Jersey's bond rating for the second time this year, citing the state's poor economic performance, Gov. Chris Christie's rosy revenue forecasts -- which failed to materialize -- and his decision to plug the resulting budget gap by cutting $2.4 billion in funding for the state's strained pension system," the Newark Star Ledger reports.
Read more: http://politicalwire.com/archives/2014/09/06/new_jersey_downgraded_again.html
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