Back to Governors cut services as state budgets squeeze between pension debt and shrinking reserves
b29e6697-962c-47c9-b3b2-d84fdda27ec9
Easy
multiple choice
Moody’s May 16 2025 rating action cited what primary driver for its downgrade of U.S. sovereign credit that also pressures state finances?
Explanation
States fear federal cuts and higher borrowing costs cascading from the downgrade.
Related Questions
NASBO’s Spring 2025 Fiscal Survey shows aggregate state general‑fund spending grew by what percent over FY 2024?
Easymultiple choiceNY Comptroller’s February 2025 report projects a cumulative three‑year gap of how much?
Easymultiple choiceLA Times reported California’s estimated 2025 deficit at roughly what amount?
Easymultiple choice
2 more questions available with Premium
Unlock All QuestionsThis question is part of Governors cut services as state budgets squeeze between pension debt and shrinking reserves. 5 more questions available.