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Saturday, July 13, 2013

STATEMENT FROM GOVERNOR MARTIN O’MALLEY ON MARYLAND’S TRIPLE A BOND RATING

ANNAPOLIS, MD – Governor Martin O’Malley released the following statement on all three bond rating agencies affirming Maryland’s Triple A bond rating:

“In Maryland, we’ve made the better choices to maintain fiscal responsibility. With a balanced approach of record budget cuts and modern investments - together with leaders in the General Assembly - we’ve constrained budget growth, made government smaller, nearly eliminated the long-standing structural deficit, and strengthened our State’s Rainy Day Fund. Because of these better choices, Maryland stands as one of only nine states with a Triple A bond rating affirmed by all three bond rating agencies.

“Together, we’ve now recovered over 95 percent of the jobs lost during the recession. As we continue our recovery, we must invest in the innovation sectors of our economy and protect this seal of fiscal responsibility so we can improve the conditions for Maryland businesses, fuel economic growth and create jobs for more Marylanders.”

5 comments:

  1. LMAO What a joke!

    If he said he was "pleased to announce" it would have been even funnier because that is what O'Ireton says.

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  2. I wouldn't buy a bond in this state if it were rated 100 A's.
    Who did the rating , obamie?

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  3. Did the Hilton Hotel get put into this equation.

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  4. If the average Joe Blow only knew just how much each bond rating agency skimmed off the top in order to help facilitate the financial caper - the people would be up in arms.

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  5. They mention the bolstering of the Rainy Day Fund I bet it has been bolstered by the states new Rain Tax! What a joke it's no wonder people laugh at me for living in Maryland!

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