BALTIMORE – Gov. Wes Moore addresses Maryland’s $5.5 billion surplus, refuting claims that his administration inherited a structural surplus. Moore says a 70% increase in spending under the previous administration led to a structural deficit, not a surplus.
He cites his administration’s fiscal discipline, including reducing the general fund for three consecutive years and maintaining historically low unemployment rates.
Moore also responds to the recent 27 mass overdoses in Baltimore, pointing to a $50 million investment aimed at addressing vacant properties and improving housing. He discusses ongoing efforts to create new job pathways in response to federal job cuts, with the goal of sustaining the state’s economic growth and low unemployment.
Click the audio to hear his conversation on Today With Dr. Kaye.