Thursday, September 4, 2008

Liberal Overspending Downgrades County's Bond Rating

Under Republican leadership, Hamilton County has consistently enjoyed a strong bond rating from Moody's Investor Service. In 2006, under Republican leadership, Moody's rated Hamilton County bond investments as a solid "Aa2."

On August 13 of 2008, after only 19 months of tax-and-spend democrat leadership of Todd Portune and David Pepper, Moody's downgraded the County's rating to Aa3, meaning Hamilton County will face higher interest payments on its debt obligations going forward.

No comments:

Post a Comment

We follow the "living room" rule. Exhibit the same courtesy you would show guests in your home.