The Supreme Court’s ruling on Wednesday that public sector unions can no longer mandate nonmembers pay union fees from nonmembers is expected to have a positive impact on state finances in the long-term, according to Moody’s Investor Services.
The bond-rating agency put out this statement shortly after the decision was announced:
Moody’s has issued the following statement regarding today’s Supreme Court decision on Janus v. AFSCME, declaring public employee unions cannot charge fees to non-members. pic.twitter.com/bWvBNy5VBN
— Moody’s US Public Finance (@MoodysUSPubFin) June 27, 2018