Tag: austerity

Blog: Franchot preaches “age of austerity”

Comptroller Peter Franchot told a meeting of nonprofit groups Monday that the government should “take a time out on tax increases” — while the group’s leadership continued to press for more tax hikes.

“If we don’t have fiscal responsibility, we are not going to be able to do what we want socially,” Franchot told more than 100 leaders of Maryland Nonprofits in Annapolis for a legislative preview. “We need to scrub the $32 billion budget.”

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