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Wednesday, April 30, 2014

MD GENERAL ASSEMBLY APPROVED $16 MILLION IN NEW DEBT FOR LOCAL PORK

$146 million in new debt since 2007

The Maryland General Assembly approved $16 million in new debt for 156 local pork projects during the 2014 legislative session.

Known in Annapolis as bond bills, they are submitted by legislators, but are not voted on individually by the assembly. Rather, they are added to the capital budget via the amendment process. The projects are funded through general obligation bonds authorized in the Maryland Consolidated Capital Bond Loan 0f 2014, which totaled $1.2 billion.
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4 comments:

  1. lmclainApril 30, 2014 at 5:49 PM

    I keep telling you....republican or democrat, they are telling you how much they are looking out for you, or how they are going to 'change things'. See any yet? I mean, other than an ever increasing debt and more surveillance and control??
    Keep believing those lies and.....
    keep cheering.

    ReplyDelete
  2. AnonymousApril 30, 2014 at 7:16 PM

    Thanks for the link. Great site!

    ReplyDelete
  3. AnonymousApril 30, 2014 at 10:51 PM

    so does that mean the price will go down now or will it cost us more?

    ReplyDelete
  4. AnonymousMay 1, 2014 at 7:30 AM

    10:51 WOW.

    ReplyDelete

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