Winners and Losers
A few winners and losers in Maryland politics in recent days:
Prince George's public hospital system: Gov. Martin O'Malley (D) and Prince George's County Executive Jack Johnson (D) have announced yet another plan to save the financially troubled health care system that includes Prince George's Hospital. This one calls for the state and county to each pay $12 million annually for the next two years to keep it open while searching for a new owner. Under the plan, which requires legislative approval, a seven-member hospital authority would be created to conduct an open and transparent bidding process for possible new companies to take over. Here is the story by Rosalind S. Helderman.
State Banking Industry: Advantage to the bankers this week in the lobbying fight over a bill that would save state-chartered banks from paying hundreds of millions of dollars in refunds and damages to homeowners. It was a battle royal between the bankers and the law firm of Baltimore Orioles Peter owner G. Angelos. The House passed the bill last week, and the Senate approved it this week. Here is a story by Lisa Rein outlining the issue.
Chesapeake Bay Fund: The jury is still out, but it seems likely that the new fund to clean up the Chesapeake Bay will get less money than planned. As lawmakers struggle to respond to lower revenue projections and a faltering economy, a key Senate committee agreed this week to cut in half the first $50 million-a-year allocation to the bay fund. John Wagner reported on the issue.
Posted by: Robin Ficker, Broker Robin Realty | March 14, 2008 9:22 AM | Report abuse
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