A report by asset manager Conning that placed Connecticut last among the 50 states in credit quality has state Treasurer Denise Nappier up in arms.

“Conning’s speculation over Connecticut’s fiscal health adds little to the public discourse over the very real challenges faced by states across the country,” Nappier said in a statement. “Its simplistic methodology fails to account for the unique manner in which Connecticut issues debt for school construction and other projects.”

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