News Press

Statement from Kathryn Wylde, President and CEO of the Partnership for New York City, on Standard and Poor’s Upgrade of New York’s General Obligation Credit Rating to AA+

July 23, 2014

“This third straight upgrade, combined with a fourth straight on-time budget, shows that New York is on a new, better fiscal path.   The Governor and the Legislature have taken the tough but necessary actions to put the state budget on sound fiscal footing and this upgrade is another demonstration of the fact that our state government’s finances are in their strongest position in recent history.”