Standard & Poor’s is one of the three major credit rating agencies that has enormous influence in shaping the price and rates for Ohio’s bonds.  Earlier this week, it and the other two major credit reporting agencies turned up the pressure on Speaker Boehner and the Congressional Republicans when it threatened to downgrade the credit rating of the United States if a deal on the debt ceiling isn’t reached soon.

On Friday, S&P revised Ohio’s credit rating (may require free registration to view.)  While the credit rating has stayed the same, the raters changed Ohio’s outlook from negative […]