Connecticut’s debt maintains negative rating

Published July 30, 2014 9:07pm ET



HARTFORD, Conn. (AP) — A ratings agency has maintained Connecticut’s debt rating as negative, saying the state’s budget relies on one-time fixes and calling the state’s economic recovery “slow and uneven.”

The analysis by Fitch Ratings released Tuesday said the General Assembly relied on one-time items such as shifting millions of dollars from last year’s surplus into the budget that took effect July 1.

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