Moody’s: Albany inaction could hurt NY rating (Long Island Business News)

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New York’s stable credit rating could be hurt if the Legislature fails to heed Gov. David Paterson’s calls to cut spending and eliminate a $3.2 billion deficit, Moody’s Investors Service said Friday. The warning by the credit-analysis firm came as Paterson and lawmakers continued to negotiate how to address the deepening budget gap, an issue they

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Moody’s: Albany inaction could hurt NY rating (Long Island Business News)

Tags: address-the-deepening, credit, cut-spending, david-paterson, deepening, firm-came, Investors, investors-service, legislature, moody, Paterson, stable-credit

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Moody’s: Albany inaction could hurt NY rating (Long Island Business News)

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