Wisconsin’s Growing Fiscal Strength Under Gov. Scott Walker Leads To Moody’s First Credit Upgrade Since 1973

Thanks to GOP Governor Scott Walker’s focus on reform and commitment to strengthening Wisconsin’s fiscal standing, the people of his state have another milestone to celebrate. Moody’s Investors Service recently announced a credit upgrade for Wisconsin, the first time the credit agency has done so since 1973. Moody’s directly attributed the upgrade to Wisconsin’s commitment to fiscal solvency, proving yet again that Governor Walker has the state moving forward.

Reuters reports:

“Wisconsin won a one-notch credit ratings upgrade to ‘Aa1’ from Moody’s Investors Service on Friday…

‘The upgrade to ‘Aa1’ reflects the proven fiscal benefits of the state’s approach to granting and funding pension obligations when many other states are experiencing stress from rising costs and heavy liabilities; an economy that delivers steady but moderate growth; conservatively managed budgets, and adequate liquidity,’ Moody’s said in a statement.

Wisconsin’s Republican Governor Scott Walker hailed the upgrade, the first for the state from Moody’s since 1973, as an affirmation of its ‘fiscal stability driven by bold reforms and accountable stewardship of the taxpayer’s dollar.”