Tag: Above: Boyd Rutherford
Budget problems even bigger than expected, Hogan says; more of transition team announced
by Len Lazarick | November 18, 2014 | News | 3 |
Confronted with projections of state deficits far into the future, incoming Gov.-Elect Larry Hogan admitted Monday “quite frankly even I am surprised at the magnitude of the problem, and the task ahead of us is vast.”
Last Wednesday, the legislature’s budget analysts told lawmakers that there was already a $300 million deficit in the current budget, and another $600 million shortfall in fiscal 2016.
“The problem seems even greater than we expected it to be,” Hogan told reporters as he announced new members of his transition team.Read More
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