Treasurer Elizabeth Pearce and Gov. Peter Shumlin favor expanding Vermont's rainy-day fund to 8% from 5%. Vermont is among only 15 states with a triple-A rating from the three major rating agencies.

"The rating agencies have cited our stabilization funds as a strength, to the extent that we can build on that strength it would serve us well in the future with our new ratings," Pearce said during an interview on Vermont Public Radio.

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