Meaning: The quote by Bob Holden, a politician, highlights the significance of Missouri's Triple-A bond rating, emphasizing that it sets the state apart from others. A Triple-A bond rating is the highest rating a state can receive from major rating agencies such as Standard & Poor's, Moody's, and Fitch. This rating indicates that the state has a strong ability to meet its financial commitments, thus reflecting a stable and secure economic environment. In the case of Missouri, maintaining this top-tier rating is a point of pride and speaks to the state's fiscal responsibility and financial management.

Missouri's ability to maintain its Triple-A bond rating is a testament to its prudent financial practices and effective management of public funds. This rating is crucial for the state as it affects its ability to borrow money and the interest rates it pays on bonds. A Triple-A rating signifies to investors that Missouri is a low-risk, reliable borrower, which in turn can lead to lower borrowing costs for the state. This can result in significant savings for the state government and ultimately benefit taxpayers.

The quote also suggests that Missouri's achievement of maintaining the Triple-A bond rating is not common among states. Indeed, only a handful of states have been able to consistently uphold this prestigious rating. This further underscores the significance of Missouri's accomplishment and the positive implications it carries for the state's financial standing.

Furthermore, the maintenance of a Triple-A bond rating can have broader implications for the state's overall economic health. It can instill confidence in businesses looking to invest in Missouri, as well as in residents who rely on essential public services. The rating reflects a stable and well-managed economy, which can contribute to job creation, economic growth, and overall prosperity.

In summary, Bob Holden's quote draws attention to the exceptional feat of Missouri in maintaining its Triple-A bond rating, highlighting the state's financial stability and responsible governance. This achievement not only speaks to the state's fiscal prudence but also has tangible benefits for its financial operations, borrowing costs, and broader economic well-being. Maintaining such a high credit rating is a noteworthy accomplishment that sets Missouri apart and positions it favorably in the eyes of investors, businesses, and residents alike.