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Analysis: Hogan’s budget seeks to avoid deficits, but it must also restore the balance sheet

By Charlie Hayward

For MarylandReporter.com

Gov. Larry Hogan had high ambitions for his first budget.

Hogan said it was an “attempt to reverse the unsustainable fiscal path we have been following and break the cycle that this state has found itself in year after year.”

To do that the budget increased “general spending by only 0.5 percent while the rate of revenue growth is 3.5 percent – an important step that will begin to bring the budget into a prudent balance.”

Read full article here from Maryland Reporter


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