Skip to content
Independent and accessible public media is needed more than ever.
Help us continue keeping communities informed and inspired.
Keep public media independent and accessible
Donate Now

View thank you gift options

CapRadio

CapRadio

signal status listen live donate
listen live donate signal status
listen live donate signal status
  • News
    • topics
    • State Government
    • Environment
    • Health Care
    • Race and Equity
    • Business
    • Arts and Lifestyle
    • Food and Sustainability
    • PolitiFact California
  • Music
    • genres
    • Classical
    • Jazz
    • Eclectic
    • Daily Playlist
  • Programs + Podcasts
    • news
    • Morning Edition
    • All Things Considered
    • Marketplace
    • Insight With Vicki Gonzalez
    • music
    • Acid Jazz
    • At the Opera
    • Classical Music
    • Connections
    • Excellence in Jazz
    • Hey, Listen!
    • K-ZAP on CapRadio
    • Mick Martin's Blues Party
    • Programs A-Z
    • Podcast Directory
  • Schedules
    • News
    • Music
    • ClassicalStream
    • JazzStream
    • Weekly Schedule
    • Daily Playlist
  • Community
    • Events Calendar
    • CapRadio Garden
    • CapRadio Reads
    • Ticket Giveaways
  • Support
    • Evergreen Gift
    • One-Time Gift
    • Corporate Support
    • Vehicle Donation
    • Stock Gift
    • Legacy Gift
    • Endowment Gift
    • Benefits
    • Member FAQ
    • e‑Newsletter
    • Drawing Winners
    • Thank You Gifts
  • About Us
  • Contact Us
  • Close Menu
 We Get Support From:
Become a Supporter 
 We Get Support From:
Become a Supporter 

Fitch Boosts California's Credit Rating

  •  Ben Adler 
Monday, August 5, 2013 | Sacramento, CA
CPR photo/Andrew Nixon

Gov. Jerry Brown announces a budget deal in June with Democratic legislative leaders.

CPR photo/Andrew Nixon

The agency is also revising its outlook on the state from “stable” to “positive.”  That means a further ratings upgrade could be possible.

Fitch credits California’s improving economy and what it calls “institutionalized changes” to the state’s fiscal management.  It also praises California’s “spending restraint” and reduced budget debts.  But it says the state’s rating will likely remain below that of other states – and that California is still “a long way from full recovery.”

Earlier this year, Standard and Poor’s also upgraded the state’s credit rating from “A-minus” to “A.”  Moody’s Investors Service has yet to issue a similar upgrade.


Follow us for more stories like this

CapRadio provides a trusted source of news because of you.  As a nonprofit organization, donations from people like you sustain the journalism that allows us to discover stories that are important to our audience. If you believe in what we do and support our mission, please donate today.

Donate Today  

 cabudget2013capitol

Ben Adler

Director of Programming and Audience Development

Director of Programming and Audience Development Ben Adler first became a public radio listener in the car on his way to preschool — though not necessarily by choice.  Read Full Bio 

Sign up for ReCap and never miss the top stories

Delivered to your inbox every Friday.

 

Check out a sample ReCap newsletter.

Thanks for subscribing!

Thank you for signing up for the ReCap newsletter! We'll send you an email each Friday with the top stories from CapRadio.

Browse all newsletters

More Stories

Kris Hooks / CapRadio

The Supreme Court has overturned Roe v. Wade. Here's what it means for California.

June 24, 2022

Kris Hooks / CapRadio

Abortion is still legal in California. Here are answers to questions about access in the state.

June 24, 2022

Jae C. Hong / AP Photo

With Roe v. Wade overturned, will California’s universities become safe havens for out-of-state students?

June 26, 2022

Most Viewed

Abortion is still legal in California. Here are answers to questions about access in the state.

Northern California wildfires: Where to find updates on air quality, evacuations, and official information

Composting starts soon in Sacramento County. Here’s what you need to know.

California coronavirus updates: FDA advisors recommend new formulation for COVID-19 booster shots

California tax relief: What’s in the deal

We Get Support From:
Become a Supporter

Most Viewed

Abortion is still legal in California. Here are answers to questions about access in the state.

Northern California wildfires: Where to find updates on air quality, evacuations, and official information

Composting starts soon in Sacramento County. Here’s what you need to know.

California coronavirus updates: FDA advisors recommend new formulation for COVID-19 booster shots

California tax relief: What’s in the deal

Back to Top

  • CapRadio

    7055 Folsom Boulevard
    Sacramento, CA 95826-2625

    • (916) 278-8900
    • Toll-free (877) 480-5900
    • Email Us
    • Submit a News Tip
  • Contact Us

  • About Us

    • Contact Us / Feedback
    • Coverage
    • Directions
    • Careers & Internships
    • Mission / Vision / Core Values
    • Press
    • Staff Directory
    • Board of Directors
  • Listening Options

    • Mobile App
    • On Air Schedules
    • Smart Speakers
    • Playlist
    • Podcasts
    • RSS
  • Connect With Us

    •  Facebook
    •  Twitter
    •  Instagram
    •  YouTube
  • Donate

  • Listen

  • Newsletters

CapRadio stations are licensed to California State University, Sacramento. © 2022, Capital Public Radio. All Rights Reserved. Privacy Policy | Website Feedback FCC Public Files: KXJZ KKTO KUOP KQNC KXPR KXSR KXJS. For assistance accessing our public files, please call 916-278-8900 or email us.