Legislative Adviser: Cuts Need to Be Deeper
Budget cuts proposed last month by Gov. Martin O'Malley (D) will save the state about $280 million this year. But most of the savings won't help resolve a projected shortfall next year of more than $2 billion, according to a new letter written by Warrren Deschenaux, the legislature's chief budget analyst.
Deschenaux says that only $89.7 million of the cuts, approved by the Board of Public Works on July 22 at O'Malley's request, are "ongoing" in nature without additional action by the legislature. If the General Assembly agrees to O'Malley's actions when it returns, that figure could grow to $140 million, Deschenaux says.
The rest of the cuts, Deschenaux says, are fund transfers and other one-time savings. And that leaves a long way to go in crafting a balanced budget for the 2011 fiscal year.
"The actions taken so far contribute only modestly to establishing a more sustainable budget," Deschenaux wrote to legislative leaders on Monday. "Much more remains to be done, and that remainder needs to be much more focused on durable changes."
O'Malley is readying another round of cuts to this year's budget, which he plans to present to the three-member Board of Public Works at its Aug. 26 meeting.
The last round included cuts to Medicaid, higher education and stem cell research funding.
Posted by: charlietuna666 | August 4, 2009 12:42 PM | Report abuse
Posted by: MrBethesda | August 4, 2009 12:49 PM | Report abuse
Posted by: postisarag | August 4, 2009 2:35 PM | Report abuse
Posted by: fonkyou | August 4, 2009 2:52 PM | Report abuse
Posted by: Digitalman08 | August 4, 2009 2:54 PM | Report abuse
Posted by: djohnson1 | August 4, 2009 3:34 PM | Report abuse
The comments to this entry are closed.