12-18-09: When Being $77 Million Short is Good News

December 17, 2009 at 5:49 pm Leave a comment

Maryland’s Board of Revenue Estimates announced Wednesday that revenue for the current fiscal year and the next one is $77 million lower than previously expected. And that, as it turns out, is kind of good news. Comptroller Peter Franchot reported relief, Budget Secretary Eloise Foster said it looks like Maryland is beginning on the road to recovery, House Speaker Michael Busch told the Sun that he was cautiously optimistic.

There are still plenty of hard choices to be made as Governor O’Malley prepares to present the 2011 budget to the legislature next month. We talk to Neil Bergsman of the Maryland Budget and Tax Policy Institute, and Marta Hummel Mossburg of the Maryland Public Policy Institute, about what choices he’s faced with and how he should decide.

Entry filed under: On Air, Policy, Politics. Tags: , , , , .

12-18-09: Vivian Schiller’s First Year at the Helm of NPR 12-21-09: Paint the Raven, Evermore

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