Tag: economy
House Republican Caucus introduces legislative package to reduce crime, improve education and restore the state’s economy
The House Republican Caucus has introduced a legislative package of reasonable, common-sense solutions to help address these challenges. Our legislative package focuses on topics that matter most to Marylanders: reducing crime, improving education, and restoring our economy.
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Moore budget release begins new governor’s focus on equity
Gov. Wes Moore highlighted significant investments in education, transportation, economic development, public safety and health in releasing his administration’s first budget on Friday.
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Fast Cars and Bad Policies: How Game Changer Programs Hurt Working-Class Baltimoreans
The new talk of the town is governor-elect Wes Moore’s baby bonds program. Throughout his campaign, Moore pitched the baby bonds program as a way to ensure that infants born in poverty arrive at adulthood in a more equal economic situation as their wealthier peers. With this program, every child born in Medicaid—largely Black and Latino–could get $3,200.
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Economies now looking to bounce back as lockdown eases
The current pandemic has not just been a US issue but a worldwide one. It has meant that lockdowns...
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State Roundup: Gov. Hogan orders expedited release of hundreds of inmates as Covid-19 spreads in prison
Shutdown protests continue; Gov. Hogan orders expedited release of hundreds of inmates as Covid-19 spreads in prison
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Adding 9,200 jobs in July gives Marylanders reason to celebrate, economist says
Job numbers released on Friday (Aug. 21) gave Marylanders a reason to celebrate this past July’s activity. The revision of the June job numbers moved figures from an initial loss of 6,200 jobs between May and June to a loss of 3,400 jobs. However, July preliminary job estimates reported a 9,200 job increase from June to July.
Maryland’s economy has grown significantly since July 2014, adding an estimated 53,700 jobs to payrolls.
Md. businesses uneasy about economic growth
Comptroller Peter Franchot concluded “there is a sense of uneasiness about the economy” after three hours of testimony from Maryland business executives at a Board of Revenue Estimates meeting on Tuesday.
Read MoreFederal budget cuts could devastate Maryland’s economy, report says
Maryland’s economy would suffer disproportionately from the likely downsizing of the federal government in coming years, perhaps losing 150,000 jobs if the 22% reduction in spending recommended by the president’s budget commission were implemented, a new report says.
Read MoreO’Malley listens to concerns about jobs and economy at ‘Maryland Forward’ forum
Before beginning his second four-year term as Maryland governor, Martin O’Malley is taking some time out to listen to what some people have to say.
O’Malley held the first of five “Maryland Forward” forums on Monday in Gaithersburg at the National Institute for Standards and Technology campus.
Read MoreMaryland very different politically and much better off economically than the rest of the nation
I did not need to fly 2,000 miles to arid Arizona to confirm that Maryland is very different politically — and much better off economically — than most other states, as Gov. Martin O’Malley has been telling us for a year and a half.
But being among scores of statehouse reporters from states across the nation for the annual meeting of Capitolbeat, the national association of State House reporters, reinforced those facts.
Read MorePoll: Economy is top issue for Maryland voters, with more than a third worse off
The economy is the top issue for a majority of Maryland voters, according to a poll released Wednesday, and they are “somewhat optimistic” about the coming year, even though 36% say their family’s financial condition is worse today than a year ago.
The new poll of 816 likely voters last week by Gonzales Research and Marketing Strategies also found Gov. Martin O’Malley’s job approval ratings fairly stable at slightly under 50%. In a head-to-head matchup with former Republican Gov. Bob Ehrlich, Democrat O’Malley leads 48% to 39%, a 9 point spread.
Republicans and independents also blame the state deficit on too much spending, but most Democrats believe it is due to the recession that has reduced revenues.
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