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Carlson critical of Pawlenty on credit rating

June 17, 2003

Minnesota has lost its top credit rating from one of three Wall Street bond houses. Moody's Investors Services Monday knocked the state's rating down a notch from Aaa to Aa1. The change means it will likely cost more for the state to borrow money. Former Minnesota Gov. Arne Carlson is critical of how Gov. Pawlenty is handling the state's finances, and says the downgrade sends a bad signal about financial management. Carlson talked with Morning Edition host Cathy Wurzer.

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