Moody's Investors Service said it has upgraded St. Charles Health System, Ore.'s (formally Cascade Healthcare Community) revenue bond rating to A2 from A3, and has revised the outlook to stable from positive.
St. Charles Health System, Ore., Upgraded to A2 by Moody's
DEC 21, 2012 8:11am ET
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"One of these things does not belong" is a catchy slogan and it comes to mind when looking at the latest tax policy ideas coming from Washington when looking at the municipal bond tax exemption. The exemption is not a result of the growth of a tax code designed to induce or reduce certain behaviors. Rather, it is the foundation for the flow of capital in a $3.7 trillion dollar market required to efficiently finance the nation's infrastructure.
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