Ratings

Fitch Ratings lowered the Sooner State to AA from AA-plus.

Gov. Tom Wolf bought time to pass the bills necessary to fund Pennsylvania's $32.2 billion spending plan.

Allegations of fiscal mismanagement landed a California school district on negative watch.

Moody's Investors Service said it has placed Chicago's Ba1 general obligation rating under review for possible downgrade.

The Illinois House overrode Gov. Bruce Rauner's veto to enact the first state budget in two years.

Pennsylvania’s budget inaction landed the state on credit watch with negative implications.

Illinois could still see its rating cut to junk, as Moody's raises concerns over the shortcomings of a partisan budget deal.

SANTA FE, N.M. — New Mexico appears to have dodged -- at least for now -- an additional downgrade to its bond rating, though a national credit rating agency warned that the state still faces deep-rooted economic challenges.

Fitch Ratings said has downgraded the rating on the Puerto Rico Sales Tax Financing Corporation (COFINA) $6.3 billion senior lien sales tax revenue bonds and $8.9 billion first subordinate lien sales tax revenue bonds to D from C.

Baker, lawmakers must hash out FY18 plan

The Illinois House speaker, citing progress, asked rating agencies to hold off on negative action.

A skeletal $32 billion fiscal 2018 Pennsylvania budget was scheduled to make its way through the Senate.

Barring a dramatic turn of events, Connecticut will miss its midnight budget deadline.

Illinois is staring at a historic fall into junk territory if lawmakers can't compromise.

Chances of an on-time Connecticut spending plan faded.

Illinois House Democrats laid out a $36.5 billion fiscal 2018 spending plan.

Connecticut's governor asked lawmakers to consider a “mini-budget” should the state miss Friday's deadline.

S&P Global Ratings said it lowered its financial strength rating on National Public Finance Guarantee Corp. (National) to A from AA-minus and its long-term counterparty credit rating on MBIA Inc. to BBB from A-minus.

The union rank and file must OK the agreement as a budget deadline nears.

Florida’s utilities expect to take on more debt to develop alternative water sources, Fitch Ratings says.