News ICA's questions after OK'ing Pittsburgh budget troubling

ICA's questions after OK'ing Pittsburgh budget troubling

Posted by Author on in News 49
ICA's questions after OK'ing Pittsburgh budget troubling

Financial pressure caused by the $650 million shortfall in Pittsburgh's pension funds prompted a credit rating agency to issue a warning to investors on Friday. Standard & Poor's revised the city's bond rating from "BBB stable" to "BBB with a negative outlook."

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