The staff said this is one way to reduce debt service — payments of principal and interest on the state’s bonds — that will grow by 24% in those five years. It would be the largest increase in any budget category.
“Debt service is a major influence on everything else,” said Warren Deschenaux, fiscal and policy director for the Department of Legislative Services. Debt service grows from $233 million in fiscal 2015 to $557 million in fiscal 2019, according to a briefing paper (p. 32).
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2 comments:
Sorry, just ain't gonna happen because the handful of Democrats that run Maryland don't agree. You saw what we can do in Annapolis when a renegade tries to implement an agenda contrary to ours. We'll just strip the powers of anyone that gets in our way.
Go back to your couch!
Getting hot in that kettle omally?? your presidental dreams are cooked...after it gets out how you screwed this state... so you basically want another loan?.....Hell no
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