Statement from Senate Minority Leader John McKinney (R-Fairfield) regarding news that Moody’s Investor Service has revised the outlook on the State of Connecticut’s general obligation bond rating to negative from stable:

June 28, 2011

“Governor Malloy and state legislators had the opportunity during this past legislative session to make true fiscal reforms that would have shown the credit rating agencies that we intend to address our fiscal crisis and long-term liabilities in a responsible manner. We missed that opportunity. Hopefully this news will serve as a wake-up call for Thursday’s special session and our actions moving forward.”