MD AAA Bond Rating To Save Millions - 47 ABC - Delmarva's Choice

MD AAA Bond Rating To Save Millions

Posted: Updated:

MARYLAND - A few months ago, a Gallup poll found that 47 percent of Marylanders would like to leave the state, mostly likely because they think taxes are too high. But here's some food for thought: This week, Maryland kept its coveted AAA bond rating from all three bond rating agencies.

So, why should you care?

Well, not only does it prove that Maryland is fiscally responsible, it allows the state to borrow money at lower interest rates, saving millions in tax payer dollars.

Governor O' Malley issued a statement Tuesday, touting the state's accomplishment saying, "Since 2007, we have made $9.5 billion worth of cuts - more than any administration in modern Maryland history ....We are one of only 7 states to maintain that top rating throughout the recession."

  • Most Popular StoriesMost Popular StoriesMore>>

  • Philadelphia Woman Sues Ocean City

    Philadelphia Woman Sues Ocean City

    Tuesday, September 2 2014 8:33 AM EDT2014-09-02 12:33:35 GMT
    OCEAN CITY, Md. - A woman is suing Ocean City after falling out of her wheelchair and breaking her arm.More >>
    OCEAN CITY, Md. - A woman is suing Ocean City after falling out of her wheelchair and breaking her arm.More >>
  • Homeless Sex Offenders

    Homeless Sex Offenders

    DELAWARE - Individuals featured in this slideshow are NOT wanted. They are sex offenders who have registered with Delaware State Police as homeless. These are public notifications.More >>
    DELAWARE - Individuals featured in this slideshow are NOT wanted. They are sex offenders who have registered with Delaware State Police as homeless. These are public notifications.More >>
  • Wicomico County Schools Issue Heat Advisory

    Wicomico County Schools Issue Heat Advisory

    Tuesday, September 2 2014 12:09 AM EDT2014-09-02 04:09:55 GMT
    WICOMICO CO., Md. - With the predicted return of hot weather this week, Wicomico County Public Schools are reminding Wicomico school families of theMore >>
    WICOMICO CO., Md. - With the predicted return of hot weather this week, Wicomico County Public Schools are reminding Wicomico school families of the excused absence option for students attending schoolsMore >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.