From Christopher Smitherman:
The S+P will review the credit rating of the City of
Cincinnati in September. Moody's recently downgraded the City of Cincinnati
and warned the city by extending a negative outlook going forward. Most
likely, the S+P in September will follow with a second downgrade in less than
90 days. "The City of Cincinnati cannot afford a streetcar. However, a
majority of City Council members move forward, ignoring costs. We must
elect a Mayor and City Council that will make more responsible financial decisions,"
Smitherman said.
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