AAA credit: Oregon could save millions by gaining 1 little letter

Oregonian (editorial):

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.

Read the full article here. Discuss below.

connect with blueoregon