Buffalo News Today | 2 Min News | The Daily News Now!
Buffalo’s financial woes just got worse as Fitch Ratings downgraded the city’s bond rating, making borrowing more expensive — and Moody’s had already issued a negative outlook. With a growing deficit, the city’s scrambling to stay afloat by selling assets and hiking taxes, leaving residents facing higher mortgage and car loan rates and strained public services. City officials are pushing back, urging Moody’s to reconsider amid signs of budget progress — but the tough choices ahead aren’t going away. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/92cc1740f884d824
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