For comparison MD has had Aaa rating since 1961. Our “upgrade” reflects more on our expanding tax base than it does on our spending priorities. To say we have “exemplary fiscal governance” when we waste money on pay2play is laughable.
I'll be on the House floor shortly to celebrate the upgrade of DC's general obligation bonds to Aaa by Moody’s, which said DC has "exemplary fiscal governance." I'm using the upgrade to tell Congress to recognize DC's budget autonomy law. #HandsOffDC http://live.house.gov
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It should also be mentioned that we carry $10B in long term debt and have a Congressionally mandated cap on debt of 12%.
End of conversation
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