moody’s
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State of Colo. boosts savings to $730M (but it may not be enough)
Thanks to a boost from a recent tobacco industry settlement, the state of Colorado plans to sock away an extra $90 million next year in its reserves. But by one credit rating agency’s analysis, it’s still woefully unprepared for the next economic downturn. In the waning days of the 2018 legislative session, which ended May…