Governor Walker issues apology alongside warning for Alaska's credit

    The governor went to the Mat-Su Borough to explain decisions behind vetoes and announce that Moody's Investor Service is holding a meeting on Alaska's bond rating.

    A phone call to a recent Anchorage assembly meeting to apologize for his budget vetoes was unprecedented enough, but Governor Walker went further with an in-person visit to the Mat-Su Borough Assembly.
    The Alaska Dispatch reports that Walker attended Tuesday's meeting in Palmer to explain why he vetoed about $8.5 million for the Mat-Su Borough and its school district.
    He also carried a new warning: he just learned that Moody's Investor Service is holding a meeting on Alaska's bond rating. Moody's already downgraded Alaska from AAA to AA1, with the expectation that the legislature would take steps to solve the budget deficit.
    Walker said he doesn't think the meeting, originally not scheduled until August 9th, will mean good news for Alaska.

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