Southeast

S&P Global Ratings cited the state's structurally balanced budgets and progress on improving the finances of its pension system.

The rating agency cited weak demand for the facilities.

FEMA must speed its very slow disbursement of aid, many observers say.

Such a bank would be a "revolving financing tool that allows us to stretch dollars further, leverage federal programs without surrendering control, and deliver more projects without raising taxes," Gov. Jeff Landry said. 

The offer was revealed in a disclosure statement and plan of reorganization in the Chapter 11 bankruptcy.

Brightline asked S&P to withdraw its rating after the latest downgrade.

Moody's cited the district's narrowing financial position as its available fund balance sank to 4.8% of revenue in fiscal 2025.

Rapidly rising property values have led many Republican legislators to back measures that would substantially reduce local government property taxes.

The agency cited strong student demand as a factor of its uprade to the FIU's issuer default rating.