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Government
$2.5B in state transportation funding endangeredPublished 11/19/08
ANNAPOLIS (AP) — Because of a major reduction in tax collections on car sales and gas purchases, Maryland might have to cut transportation projects by another $2.5 billion, legislative analysts said Tuesday.
The projection comes two months after state officials cut more than $1 billion from a six-year, $10.5 billion program. This came as a response to earlier indications that the revenue from taxes used to pay for road and transit programs are declining.
Responding to the estimate, Transportation Secretary John Porcari said vehicle sales could recover faster than predicted by the analysts, requiring fewer delays and...
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