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News for the Carolinas
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Friday, August 05, 2011
The deal to raise the debt ceiling means South Carolina will keep its AAA credit rating from Moody's. That means it costs less to borrow money for things taxpayers depend on like schools, roads and bridges.
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Wednesday, July 27, 2011
South Carolina's financial leaders are updating Moody's Investor Service on the state's financial health as the rating agency considers whether the national debt crisis should cause the state to lose its top credit rating.
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Monday, July 25, 2011
South Carolina's financial leaders will meet with Moody's Investor Service as the rating agency considers whether the national debt crisis should cause the state to lose its top credit rating.
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Monday, July 25, 2011
Debt reduction talks continue in Washington, as Democratic and Republican leaders in Congress prepare to unveil separate plans to avoid a default by the government. If an agreement is not reached by August 2, the U.S. won't have enough cash to pay all its bills.
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Monday, July 25, 2011
South Carolina U.S. Rep. Tim Scott says he's optimistic that Congress will reach an agreement on raising the nation's debt ceiling.
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