Local News

Oregon Bond Upgrade

Some good economic news for the State of Oregon. Standard and Poors just improved it's bond rating. Bend financial advisor Troy Reinhart: "They upgraded the State of Oregon to AA+, which means basically we're a better bet not to go broke than we were before. It means that the State of Oregon may be able to restructure some of its debt to get a lower interest rate. That usually comes along with getting your debt rating raised."  Standard and Poors says the upgrade reflects its view that the State has shown a willingness to make revenue and spending adjustments to correct some of the current imbalances during the low part of the revenue cycle.

 

 

Share

On Air Now

George Noorey
George Noorey
12:00am - 6:00am
Coast to Coast

Traffic

 

 

  • Click the link above to get the latest road conditions.

 

KBND ON FACEBOOK

 

FOLLOW US ON TWITTER

News Disclaimers