AAA credit: Oregon could save millions by gaining 1 little letter
Brent Barton:Treasurer Ted Wheeler estimates that a better credit rating would save approximately $4.3 million for every $100 million in debt over the life of a bond. Given that the state supports $7.8 billion in bonds, a better credit rating would save hundreds of millions of dollars. Most of this money comes from the state's general fund and could otherwise support schools.
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Posted on Aug. 13, 2011
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