Maryland Gov. Larry Hogan (R) announced Thursday that he plans to spend the largest surplus in the state’s history on extending tax relief, boosting the state’s rainy day fund and increasing benefits to state employees.
Hogan offered a proposed framework for spending of the $2.5 billion, which largely comes from increased tax revenue, but no details on what type of break seniors and working and poor residents could receive, or how much compensation state employees could expect.
During the news conference, Hogan also made his first comments on the indictment of his former chief of staff, Roy McGrath. McGrath, who resigned as Hogan’s top aide last year after it was publicly revealed he got a large severance package from the quasi-governmental agency he previously led, was indicted earlier this week in federal and state court with a long list of charges, including fraud, embezzlement and secretly recording Hogan and other state officials.