Houston’s Credit Outlook Turns Stable

Houston’s financial future just got a major upgrade: S&P Global lifted its outlook to “stable” after the city council passed sweeping budget reforms that slashed the projected deficit. Just months ago, the agency had warned of a “negative” outlook due to a massive firefighter union settlement — now, the city says it’s turned things around, laying a strong foundation for fiscal health. But caution remains: S&P noted Houston’s history of overspending, warning that if deficits keep ballooning, the city could face another downgrade. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/919ec129835dfcb5