How much debt does Utah actually have? And how will that debt affect Utah’s ability to fund important priorities in coming years? Utah’s historical measure of its general obligation debt is higher than average for states with a AAA debt rating, but other liabilities might raise it higher still. Only prudent policy will allow Utah to plan […]
How Much Debt Does Utah Have?
December 1, 2014 by Daniel Burton
Filed Under: Utah Legislature Tagged With: Bob Bernick, Constitution of Utah, Credit rating, Debt, Economic Development, Governmental Accounting Standards Board, John Dougall, pensions, Richard Ellis, Utah
Downgrade.
August 5, 2011 by Daniel Burton
From the S&P report (via HollyontheHill): Political brinksmanship of recent months highlights what we see as America’s governance and policymaking becoming less stable, less effective, and less predictable than what we previously believed. Thestatutory debt ceiling and the threat of default have becomepolitical bargaining chips in the debate over fiscal policy. Despite this year’s wide-ranging debate, in our view, […]
Filed Under: Fiscal Reform Tagged With: Bond credit rating, Brinkmanship, Credit rating, Fiscal policy, Medicare, Public choice theory, Standard & Poor's, United States
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