Maryland Gov.-elect Larry Hogan (R) said Tuesday that he will focus almost exclusively on controlling state spending once he takes office and warned that budget cuts — not tax cuts — are on the immediate horizon.
“People are going to have to brace. We’re not going to be able to pay for every single program that everybody wants or every program that we’d like to have,” Hogan said during a news conference in Annapolis at which he also announced several staff appointments. “We’re in very tight fiscal constraints right now, and we’re going to make very tough decisions, which is what the voters elected me to do.”
Determined not to raise taxes while dealing with lower-than-expected tax revenue, Hogan — who takes office Jan. 21 — said that he will have no choice but to reduce spending. Maryland is expected to collect nearly $1.2 billion less than projected in tax revenue over the two-year period that ends in June 2016. The shortfall has ballooned in recent weeks.