1-11-12: The Deficit
The Maryland General Assembly convenes on Wednesday for the 2012 session. On January 18, they’ll see the first version of the new state budget. Once again, they’ll have to reckon with a deficit of over $1 billion.
What are their options? Sheilah asks University of Maryland Baltimore County political science professor Roy Meyers.
Web extra: Meyers discusses the pros and cons of balancing the general fund by transferring money out of the Transportation Trust Fund and other dedicated sources: