Comments for: Moody’s lowers Maine’s bond outlook due to Medicaid spending, lack of rainy day funds

Posted May 18, 2012, at 7:43 a.m.
Last modified May 18, 2012, at 5:25 p.m.

One of the nation’s top rating agencies has downgraded its outlook for Maine bonds because of the state’s continuing budget problems, especially Medicaid spending, and its lack of reserves. Moody’s Investors Service on Friday lowered its outlook from stable to negative for the state’s $498 million in general-obligation bonds. The …

CORRECTION:

A headline on an earlier version of this story said Moody's had lowered Maine's bond rating. Moody's downgraded its outlook for Maine bonds, not the rating.

Guidelines for posting on bangordailynews.com

The Bangor Daily News encourages comments about stories, but you must follow our terms of service.

  1. Keep it civil and stay on topic
  2. No vulgarity, racial slurs, name-calling or personal attacks.
  3. People who harass others or joke about tragedies will be blocked.
The primary rule here is pretty simple: Treat others with the same respect you'd want for yourself. Here are some guidelines (see more):

Similar Articles

ADVERTISEMENT | Grow your business
ADVERTISEMENT | Grow your business