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Joint Statement from Maryland Governor, Lieutenant Governor, Treasurer, Comptroller, House Speaker, and Senate President on S&P’s AAA Credit Rating

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ANNAPOLIS, MD — Today, Governor Wes Moore, Lieutenant Governor Aruna Miller, Treasurer Dereck Davis, Comptroller Brooke Lierman, House Speaker Adrienne Jones, and Senate President Bill Ferguson released the following statement on S&P’s AAA Credit Rating:

“This news from S&​​P on our AAA state credit rating further affirms our work to preserve Maryland’s fiscal strength, despite attacks on our economy from the​ federal government. This announcement echoes the positive report from Fitch earlier this month, which also affirmed our state’s AAA bond rating with a stable outlook.

“Even amid enormous federal headwinds that continue to affect the entire region – from government layoffs to massive budget cuts – Maryland stands strong. Our state faces unique exposure to the impacts of the federal government. But our commitment to growing our economy and protecting our people will not waver.

“Together, we w​ill continue to answer crisis with courage.”