Bredesen to meet with New York bond rating agencies

NASHVILLE, Tenn. (AP) -- Governor Bredesen meets Wednesday with New York bond rating agencies.

The governor said the annual meetings have become easier to deal with as the state's economic situation has improved.

In his first years after taking office in 2003, Bredesen had to implement across-the-board spending cuts amid funding shortfalls.

Bredesen said he doesn't expect major changes to the state's bond rating.

The governor said reining in the spending at TennCare has been among the top reasons for the improved ratings outlook.

(Copyright 2007 by The Associated Press. All Rights Reserved.)

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