Maryland: Budget Cuts

Tue, 11/25/2008 - 11:23

O'Malley forecasts more cuts, furloughs

Gov. Martin O'Malley (D-Baltimore) said Maryland may need to make another $200 million in budget cuts next month for the current fiscal year, according to the Associated Press.
 
O'Malley made the statement Monday on the debut of his "Ask the Governor" television program, where he pointed to declining state revenues and a national economic downturn as the main reasons for the cuts.
 

Tue, 10/28/2008 - 09:57

O'Malley: No slots would likely mean more cuts

BALTIMORE -- If November's slots referendum doesn't pass, the remaining option is more cuts, according to Gov. Martin O'Malley (D-Baltimore).
 
"I don't think there is any political will for going back to revenues, because we've already looked at that," O'Malley told PolitickerMD.com at the state Democratic Party's One Week to Victory 2008 Gala on Monday.
 

Read More >
Wed, 10/15/2008 - 13:54

BPW approves $345M in budget cuts

The Board of Public Works approved over $345 million in additional budget cuts at Wednesday's meeting, according to the governor's office.

The reductions, which impact the fiscal year 2009 state budget, included over $297 million in general funds and $50 million in special and federal funds.

The announcement comes after Gov. Martin O'Malley (D-Baltimore) began asking state agencies to identify cuts of up to 5 percent. The Board of Public Works also approved the elimination of 880 state positions, 830 of which were vacant.

Tue, 10/14/2008 - 16:45

Franchot to support O'Malley's cuts, but not his slots

Comptroller Peter Franchot (D-Takoma Park) says he'll support Gov. Martin O'Malley's (D-Baltimore) proposed budget cuts at tomorrow's Board of Public Works meeting, but insists he still differs with the governor on November's slots referendum.

"At this point, it is clear we are in the midst of the most serious economic situation we have seen since the Great Depression, and we have no choice but to tighten our belts and reign in State spending," Franchot said in a statement.

Tue, 09/16/2008 - 16:08

Senate GOP: O'Malley's cuts will 'wreak havoc'

State Senate Republicans are taking shots at Gov. Martin O'Malley's (D-Baltimore) fiscal policies, following Tuesday's caucus meeting.

"Governor O'Malley's proposal to now cut one-quarter billion dollars from a budget only three months old will wreak havoc to state employees and those who depend upon state services for their livelihood," state Senate Minority Leader Allan Kittleman (R-West Friendship) said in a statement.

Read More >