For the past year we have been hearing about the “structural deficit” and the only solution was to raise taxes. Sure, Gov. O’Malley outlined a doomsday budget, but limiting growth let alone an actual cut were never going to be given serious consideration by the Democrats in Annapolis.
This is not a $150 million dollar spending cut, not a cap at the rate of inflation, not a freeze, just a slowdown in the rate of the increase. (Baltimore Sun – While state gains, counties lose) Read the rest of this entry »