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3/11/2014 12:30:00 PM Write a Letter to the Editor Write a letter to the Editor

Moody’s Warns Investors on Infrastructure-Related Debt

Moody’s Investors Service told clients that transportation infrastructure needs are one of the driving forces of United States public finance in a March 10 Credit Outlook note.

“Sizable ongoing infrastructure needs, coupled with stagnant federal and state gas tax revenues, threaten to put negative pressure on future budgets or trigger increased borrowing — a credit negative,” Moody’s analyst Julius Vizner said.

The report said transit systems have more problems than highways because public transit systems are constrained by more revenue rules.

By Jonathan S. Reiskin
Associate News Editor

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