NJ Spotlight News

Credit upgrade for NJ but Trenton gets a downgrade

Clip: 08/24/2022 | 1m 19s

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Standard and Poor’s recently upgraded the outlook for New Jersey’s debt from stable to positive, saying that the state’s finances have shown a remarkable turnaround. But Moody’s has downgraded Trenton’s debt rating and issued a negative outlook, saying recently worsening governance issues are weakening the city’s credit quality.

Aired: 08/24/22 | Rating: NR

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