State Roundup, May 27, 2016

MARYLAND STILL AAA: State Treasurer Nancy Kopp announced Thursday that Maryland has retained its triple-A bond rating from all three rating agencies for a $1 billion bond sale scheduled for June 8. The commentaries were fairly routine, with all three reports noting Maryland’s higher than average debt, but strong economy and prudent fiscal management. The agencies as usual also focus on the state’s high pension liabilities, along with its efforts to control pension costs and add to assets of the pension funds. (MarylandReporter.com)

CRABS WIN OVER TRUMP: While some prominent Maryland Republicans are headed west to Cleveland this July for the GOP national convention, others — including popular first-term Gov. Larry Hogan — are likely headed east. To the Eastern Shore. Hogan, who has made clear his dislike for presumptive Republican presidential nominee Donald Trump, is among scores of Maryland politicos expected at the J. Millard Tawes Crab and Clam Bake, an annual schmooze-feast in a tiny town in Somerset County, Ovetta Wiggins of the Post is reporting.

 

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