June 17th, 2024 by WCBC Radio
Maryland has managed to retain its Triple-A bond rating, despite the downgrade by Moody Financial to “negative” from “stable” for the state’s financial outlook. Facing a growing deficit, the state has been scrambling to find revenue streams. The Maryland Joint Republican Caucus released a report showing that since Governor Moore took office in 2023, over 300 new taxes or fee increases have been implemented. Former Governor Larry Hogan, now a republican Senate candidate, left office with a $5 billion surplus and says that Maryland needs to get spending in check…
