Blue State (Maryland) Facing Massive Budget Deficit - News Summed Up

Blue State (Maryland) Facing Massive Budget Deficit


“If you’re going to have crime it should at least be organized crime”-Havelock Vetinari" Maryland faces "an enormous gap" between revenue and spending that is projected to soon be worse than during the Great Recession, driven by sluggish job growth and rising expenses, state analysts told lawmakers this week."" Maryland's budget includes about $19 billion in federal funds that could be jeopardized by cuts to spending under the incoming Trump administration. Rebuilding the bridge could cost between $1.7 billion and $1.9 billion…"///Pour more money into public education, subsidize child care and not plan for high Medicaid costs when you are basically a sanctuary state ??? And you are very dependent on federal dollars instead of being self reliant.If revenues only cover 84 % of planned expenditures, then cut back. It ain't hard.


Source: Washington Post November 17, 2024 01:24 UTC



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