Maryland Officials Warn Of Private-Sector Impact If U.S. Steps Over Fiscal Cliff
If Congress allows the country fall over the “fiscal cliff” in January, Maryland government would take a relatively modest direct hit, but the impact could be more dire for private-sector jobs and the tax revenue they generate for the state.
That’s the assessment of a new memo prepared by the administration of Gov. Martin O’Malley (D) that offers a preliminary take on what will happenif Congress does not act to prevent deep, across-the-board spending cutsset to go into effect Jan. 2.
The memo, a copy of which was obtained by The Washington Post, says the federal “sequestration” would reduce grant funding to state and local governments in Maryland by more than $100 million, with education and social services programs among those seeing reductions
If they hadn't wasted money like the $1,000,000 fireboat, there might be money for stuff we actually need. Too late they blew all the money now. Idiots
Maryland employment and economy revolves around the federal government when the fed starts cutting back they will feel it in that area. Most of the people either work for the government or deal in some way with them. You will see people leaving this state quick when the feds make their cut. Would Obama really do that to his "friend" OMalley?
O'Malley's got 2 hairs out of place in the cowlick section of his hair..............disgusting. And he wants to run for the presidency.
ReplyDeleteIf they hadn't wasted money like the $1,000,000 fireboat, there might be money for stuff we actually need. Too late they blew all the money now. Idiots
ReplyDeleteDumb Taxpayers, forget about the fireboat, bring on more windmills and solar panels!
ReplyDeleteMaryland employment and economy revolves around the federal government when the fed starts cutting back they will feel it in that area. Most of the people either work for the government or deal in some way with them. You will see people leaving this state quick when the feds make their cut. Would Obama really do that to his "friend" OMalley?
ReplyDeleteHow will we pay for all those empty buses riding around?
ReplyDeleteThat could be a real D"OH moment!
ReplyDelete