Reposted by NJ Spotlight News
-NJ's ongoing streak of credit-rating upgrades coincides with state government's return to full funding of its annual pension obligations.
-Rating upgrades often lead to lower borrowing costs for state government, resulting in savings for New Jersey taxpayers.
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NJ’s credit rating rises as pension funding continues to flow | NJ Spotlight News
Rating upgrades often lead to lower borrowing costs, resulting in savings for New Jersey taxpayers