A major bond-rating agency warns investors that Racine County and the Village of Mount Pleasant are spending heavily on the project and are on the hook for a boatload of borrowing.
is concerned. He's too busy Tweet-auditioning for Trump:
Credit rating agency Moody's issues cautionary note on local Foxconn debt
The "negative" description indicates the presence of downward pressure that places the ratings at higher risk of being downgraded over the next 12 to 24 months...The village and county have borrowed $355 million so far in support of Foxconn. They have spent about $190 million of that, with most of the money going for land acquisition.Don't bother asking if ex-Governor Cheese Sandwich
is concerned. He's too busy Tweet-auditioning for Trump:
Elizabeth Warren’s Wealth Tax is like telling a straight A student in high school that she has to give up some of her grades to the other students. Instead of stealing from her, why don’t we just help everyone else do better!