O'Malley Pledges To Look Out For Middle Class
Maryland Gov. Martin O'Malley is promising to keep the middle-class in mind as his administration makes another round of budget cuts in coming weeks.
To cope with a $432 million downward revision in anticipated tax revenue for the current fiscal year, O'Malley (D) is preparing to present "hundreds of millions" in cuts next month to the Board of Public Works, a three-member panel authorized to cut the budget when the legislature is not in session. The cuts come as governments across the region are predicting shortfalls.
"In the coming weeks, we will be bringing hundreds of millions in further spending reductions before the Board of Public Works to meet the challenges of our national economy, and we will attempt to do so in a way that recognizes the burden middle class families are facing and in a way that protects critical health and social services for the most vulnerable among us," O'Malley said in an email bulletin sent to supporters this morning.
O'Malley provides no specifics on where the reductions will come from.
The cuts will be the latest in a series of spending reductions and tax increases that have been adopted since O'Malley took office in 2007 in an effort to get the state's fiscal house in order. Last year, O'Malley called a high-profile special session on the budget.
"The investments we in Maryland have fought so hard to preserve in public education, public safety, and public health are intended for one purpose only - to strengthen and grow our middle class over the long-term and create a more sustainable future for our children," O'Malley said in this morning's email. "This has been our goal from the beginning, and it will continue to guide the actions of this Administration as we work to address this latest challenge."
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