Hogan Says Budget Will Eliminate Deficit
Governor Larry Hogan has unveiled what he calls a balanced budget that will eliminate the state's projected $ 750 million dollar structural deficit. The budget calls for a 2 percent funding reduction to state agencies, but there are no furloughs or layoffs of state workers. Hogan also says the spending plan includes record spending on K-12 education in Maryland, but no new taxes. He promises to outline proposed tax cuts in the coming weeks.