Tag: 2014 budget

Unexpected drop in Medicaid costs helps O’Malley budget, but there’s more borrowing too

Legislative analysts told lawmakers Monday that Gov. Martin O’Malley’s proposed budget contains a number of fiscally responsible moves they had recommended in previous years and an unexpected $200 million drop in the cost of Medicaid health care. But it also extends for another five years $411 million in borrowing to replace cash from special funds used to finance other programs.

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