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.

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