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Budget problems even bigger than expected, Hogan says; more of transition team announced

By Len Lazarick

Len@MarylandReporter.com

Confronted with projections of state deficits far into the future, incoming Gov.-Elect Larry Hogan admitted Monday “quite frankly even I am surprised at the magnitude of the problem, and the task ahead of us is vast.”

Last Wednesday, the legislature’s budget analysts told lawmakers that there was already a $300 million deficit in the current budget, and another $600 million shortfall in fiscal 2016.

“The problem seems even greater than we expected it to be,” Hogan told reporters.

– See more at: http://marylandreporter.com/2014/11/18/budget-problems-even-bigger-than-expected-hogan-says-more-of-transition-team-announced/#sthash.A4O5Bsib.dpuf

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