The legislature’s fiscal staff told lawmakers Thursday that they should not follow an O’Malley administration proposal to increase Maryland’s authorized debt by $375 million over the next five years.
The staff said this is one way to reduce debt service — payments of principal and interest on the state’s bonds — that will grow by 24% in those five years. It would be the largest increase in any budget category.
1,284 Marylanders sign up for ACA; state exchange website subcontractor removed from project; teacher survey highlights problems with implementing Common Core in state; Montgomery Exec Leggett supports minimum wage hike; Mo Co councilwoman would like legislative delegation focused on county; Bongino urges end to GOP on GOP feuding; gub candidate Gansler criticized over remarks on federal veterans claims problems; Baltimore City smart meter contractor traced back to flurry of seeming unrelated campaign donations; and recall petition targets an Annapolis alderman.
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