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Home Local Maryland Government Announcement Originally published July 12, 2013

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



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Takirra Winfield
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STATEMENT FROM GOVERNOR MARTIN O’MALLEY ON MARYLAND’S TRIPLE

A BOND RATING

 

ANNAPOLIS, MD (July 12, 2013) – Governor Martin O’Malley today 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.”