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The truth about Maryland’s AAA bond rating

AUGUST 19, 2020 | by Carol Park | BALTIMORE CITYBIZLIST

By Carol Park (The Maryland Public Policy Institute), includes “… In order to not accumulate more debt like most states did after the 2008 recession, it is extremely important that policymakers realize the truth about Maryland’s AAA bond rating: the rating does not mean that Maryland has no debt problem, and therefore that the state should borrow as much as it needs to fund all kinds of projects regardless of their questionable economic benefits.” (Note: See also “How can Delaware be a AAA and an F at the same time?”) 

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