The General Assembly committee that makes annual recommendations about the state’s budget made two things clear at its final meeting of the year last Tuesday: The state currently underinvests in the services Marylanders rely on, and the federal government’s budget
Without major changes in the economy or state fiscal practices, Maryland policymakers will continue to face small budget shortfalls each year, the Department of Legislative Services told the General Assembly’s Spending Affordability Committee this week. Legislators have options for how
Yesterday, Maryland state lawmakers responsible for advising the Governor and General Assembly on spending levels for the state budget recommended that next year’s spending increase no more than 4 percent, from $37 billion to $38.5 billion. This relatively small budget
Yesterday we discussedthe November meeting of the Spending Affordability Committee and highlighted its concerns about increased borrowing costs crowding out the ability to pay for new initiatives and savings that Maryland is seeing from implementing the Affordable Care Act. Today
November briefing of the Spending Affordability Committee, the Department of Legislative Services urged state lawmakers to maintain current levels of debt, citing increased debt service costs in the coming years. DLS also noted that Maryland will both save money and
