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State facing $1 billion deficit

Published 09/10/08

The struggling national economy continues to take a toll on Maryland government, with the state facing a $1 billion hole next legislative session. That sets the stage for possible reductions in education, health care and transportation spending.

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"It's going to be tough times," said House Speaker Michael E. Busch, D-Annapolis. "I think we are going to be able to handle it."

State revenue estimates for fiscal 2009 were sliced by almost $432 million yesterday, prompting Gov. Martin O'Malley to pledge his administration "will bring hundreds of millions in cuts before the Board of Public Works in...

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We don't have a deficit - 2008-09-10 14:43:05

We have $1B in excess spending. Don't let Owe'Bama do to the U.S. what Owe'Malley did to Maryland.

unhide Comment hidden due to low ranking. Why is this comment hidden?

Peter D. - Annapolis, MD - Karma: Terrible

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