Haley Opposed to U.S. Debt Boost Finds Credit at Risk

Haley Opposed to U.S. Debt Boost Finds Credit at Risk

Chris Keane/Getty Images

South Carolina’s above-average proportion of Medicaid spending, and federal procurement contracts that are higher than the average as a percentage of gross state product, exposes it to a U.S. downgrade, Moody’s said in its report.