Maryland loses its Triple-A bond rating this week. Moody’s downgraded the state’s credit to AAone. They say it’s because of the states “downgrade by economic and financial under performance including the shift in federal policies along with layoffs.

Maryland lost its AAA bond rating, which means higher borrowing costs and a hit to the state’s creditworthiness.

Democrats blame Trump's cuts to the federal workforce as the reason for the change, but Republicans point to what they call reckless spending.