Sentence examples for downgrade the state from inspiring English sources

Instead, the State's decision is to downgrade the State with expensive wireless or DSL that does not even compete with cable service.

But the protracted fight over how to fix it has been a struggle for Mr. Quinn, a Democrat who is caught between angry unions that helped elect him in 2010 and Republicans asking for deeper cuts as concern grows that bond rating agencies could downgrade the state if a compromise cannot be reached.

had assigned New Jersey a negative outlook early this year but would wait until the final budget was adopted before deciding whether to downgrade the state's bonds.

Governor Warner kicked off the tax debate last year when he called for an overhaul of the state code, prompted by projections of recurring budget shortfalls and a threat by Moody's Investors Service to downgrade the state's triple-A bond rating.

The recent budget delay spurred Moody's Investors Service this week to downgrade the state's credit rating to near junk, on nearly $30 billion of outstanding general obligation bonds.

The Wall Street rating agencies piled on, threatening to downgrade the state's credit rating if Sacramento didn't agree.

Recently, Standard & Poor's downgraded the state's bond rating to the lowest in the nation.

Standard & Poor's and Fitch Ratings downgraded the state's rating on Tuesday.

Alexi Giannoulias, Illinois's treasurer, laments that Moody's, a rating agency, has recently downgraded the state's bond rating.

Fitch and Standard & Poor's, two bond raters, have not downgraded the state, though they saw the tobacco plan in December.

And every major rating agency has downgraded the state; Illinois now pays millions of dollars more to insure its debt than any other state in the nation.