These States Have Higher Credit Ratings Than the US Government
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Twelve US states including economic powerhouses Florida and Texas have credit ratings higher than the US government after Fitch Ratings lowered the sovereign credit grade on Tuesday to AA+. The count was based on whether these states have AAA or equivalent ratings from at least two of the three companies — Moody’s Investors Service, S&P Global Ratings and Fitch.
Eleven states have top-grades from all three companies. While South Carolina has two AAA or equivalent ratings, Ohio and Washington each have one a piece.