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Press Releases
  2007
  May
22S & P Drops Michigan Credit Rating For the third time this year, Wall Street has downgraded Michigan's credit rating. Standard and Poor's today lowered Michigan's General Obligation Credit Rating to AA- from AA.
18Budget Crisis Grows Deeper Revised Revenue Estimate Places General Fund, School Aid Shortfalls at $800 Million in '07; $1.6 Billion in '08 if SBT fully replaced

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