Why is Maryland’s economy improving, yet budget deficits loom year after year?
The answer is simple – 84% of Maryland’s budget is spent prior to elected officials showing-up for work! This is called mandated spending. It’s why budget deficits continue year after year, no matter how strong the economy.
Clearly, Annapolis has a spending problem. It’s Groundhog Day again in Annapolis!
But, there is more to the story.
Maryland has a budget surplus of $1 Billion! The surplus is due primarily to the failure of Annapolis to conform Maryland’s tax code to the Federal tax code. In other words, an automatic tax increase for many citizens.
Let’s take action – Please email your State Delegate and State Senator and tell them to return the $1 Billion surplus to the people of Maryland!
Yours In Service,
Mark N Fisher