Indiana AAA

As a former Hoosier (always a Hoosier at heart) I congratulate Gov. Daniels and all right minded legislators of Indiana who have exhibited uncommon common sense and fiscal restraint. It pays off guys....

INDIANAPOLIS— For the first time in the state's history, Indiana's credit rating has been raised to AAA, the highest rating assigned by the independent credit rating agency Standard & Poor's Ratings Service (S&P).

The upgrade from AA+, the state's rating since January 2006, "reflects the state's continued strong management that has led to the property tax reform that has realigned state and local spending and is not expected to impact the state's long-term financial performance.