A recent report on Montgomery County’s economic outlook painted a misleadingly bleak picture and prompted misguided calls for tax cuts and deregulation. The truth is that Montgomery County has a fundamentally strong local economy and at the same time faces
This election cycle has been hard on everyone. But now that it is over, we must look ahead to how potential changes in federal policies will affect Maryland. The new administration and Congress have the potential to significantly alter
Maryland’s success today is due to our past public investment in good schools, a strong transportation system and other building blocks of a prosperous economy. As another “tax day” rolls around, it’s worth remembering that the income taxes we pay
Position Statement Supporting Senate Joint Resolution 5 Given before the Senate Health, Education, and Environmental Affairs Committee Maryland should rescind its prior calls for a constitutional convention that date back decades. One of those calls, in support of a federal
Against a backdrop of growing revenues and an improving economy, Maryland might still face eliminating or delaying important transportation projects, school building and other public investments that help create jobs and build a strong economy. It won’t be due to
The country and state will reap economic benefits from President Obama’s action on immigration reform. Making more than 3 million people workers in the United States will increase gross domestic product (GDP), productivity, and tax revenue. Maryland would see an
By David McNear Previously, we have provided a general overview of the state budget process as well as a more detailed discussion of the sources of the deficiencies that state lawmakers must address in the current session. We will conclude
By David McNear Previously, we provided an overview of the Maryland budget process and the economic conditions that will impact the options available to state lawmakers as they work to craft the FY 2015 budget. Today, we will delve deeper into the
In the coming days, we will be providing an overview of Maryland’s budget and budgeting process in advance of the release of Governor O’Malley’s FY 2015 budget, which is expected on January 15. Today we will start with a general
