• BREAKING NEWS ABC shows live and on-demand -- Download the WATCH ABC app!

Calif. has lowest credit rating in U.S.

February 3, 2009 12:00:00 AM PST
California's budget woes now mean it has the lowest credit rating of all 50 states.Standard & Poor's lowered the state's rating from "A+"to "A." Most states are "AA" or "AAA."

S&P also said the prospects for a quick economic recovery are "unlikely."


MORE L.A. BREAKING NEWS, WEATHER, TRAFFIC, SPORTS

USEFUL LINKS:
SEND TIP || REPORT TYPO || TWEET @abc7 ||  WIDGET


Load Comments