Today, Gov. John Bel Edwards issued the following statement on Moody’s Investors Service improvement of Louisiana’s credit rating:
“Today’s action by Moody’s validates what we’ve been saying about the need for budget stability,” said Gov. Edwards.  “Thanks to the bipartisan compromise achieved during the last special session, Louisiana is no longer on the negative watch list. By working together, for the first time in a long time, Louisiana’s budget will have the kind of stability and predictability we need to bring new business opportunities to our state and grow our economy. As a result, not only are the credit rating agencies taking notice, but we are positioned to generate greater savings for our state that will enable us continue on our path toward prosperity. I’m grateful to every legislator who worked to get the job done and put the people of our state before politics. We look forward to continued good news for Louisiana and hope we will merit a bond upgrade as our overall fiscal situation and economy continue to improve.”