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Archive Home > 2003 > March > 11 > Oregon budget hit with lowered credit rating

Oregon budget hit with lowered credit rating

By James Sinks / The Bulletin
March 11, 2003

SALEM - Worried by the state's continuing revenue shortfalls and the propensity of lawmakers to rely on accounting maneuvers and debt to balance the budget, Moody's Investor Services downgraded Oregon's bond rating Monday.

The firm is the second of Wall Street's three major credit scorers to....

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