Maryland’s Senate president said Friday that lawmakers will likely have to look for “several hundred million” in additional cuts or taxes to cover expected decreases in federal aid.
Senate President Bill Ferguson (D-Baltimore City) blamed the new gap on what he described as “tax cuts for billionaires” he expects to come from congressional Republicans in Washington.
“I wish I had good news to share. Unfortunately, I don’t,” Ferguson said during a weekly meeting with reporters. “It’s important to start making it clear to Marylanders and agencies that there’s there’s more cuts to come with that.”
Ferguson issued the warning after legislators from Baltimore City held a virtual meeting with Sen. Chris Van Hollen (D) earlier that morning.
Click here to read the rest of the article written by Bryan Sears over at Maryland Matters