1,700 miles away, O'Malley says no to taxes
Gov. Martin O'Malley spent the weekend in Denver for a meeting of the National Governors Association, a group that grew redder with Republicans on Nov. 2. There, the incumbent Democrat told a Bloomberg reporter that Maryland's budget will be balanced entirely with cuts.
From the Bloomberg piece:
“We’re going to be on a constant diet of deep and painful cuts,” he said. The trick, he said, will be preserving the state’s economic resiliency, he said.
"There are certain priorities that we must protect in order to continue to come out of this recession,” he said. O’Malley said he hoped to spare college affordability and tax credits for research-job creation from the deepest reductions.
Areas that may be cut, he said, are corrections, employee costs, pensions and Medicaid, the federal-state health-care program for the poor.
Analysts for the Maryland General Assembly say that the state faces a $1.6 billion gap next fiscal year, created in part by flagging revenues and growing costs of health care and other state services. O'Malley's deficit estimate is slightly lower.