How O'Malley's budget plan affects you
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Overall budget
Gov. Martin O'Malley has proposed a $36 billion state operating budget for the fiscal year that begins July 1. His proposal, which is subject to General Assembly approval, would address a projected shortfall of about $1 billion through a mix of spending cuts and higher taxes. Specifically, the proposal includes $610 million in spending cuts and $311 million in new revenue as well as transfers of $104 million and anticipated federal tax changes of $78 million. The total represents a 2 percent increase in spending from the current fiscal year.
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Comments (8)
Add / View comments | Discussion FAQI believe Governor O'Malley is unfamiliar with market economics. Higher taxation is a drag on the private economy where wealth is created and then recycled naturally by people saving and investing. This is how real growth occurs. The market redistributes wealth into new businesses where the money is used to create more wealth for the economy, then recycled back into the pocket of the first man or woman whose savings were used to grow that business. Everyone gets rich in a market economy; there is no reason for the statists to steal money from people who work in order to pay off the rich government employees and the lazy people on welfare who have children but no marriage and no incentive to change their way of life because the state finances their lifestyle of single motherhood and male unemployment.
O'Malley needs to be run out of town. People bust their tails to make things meet in this state and he keeps piling it on. I guess it's ok when you have escorts, state paid vehicles, free housing, utilities, etc provided by the state. Maybe he should drive around and look at how the state's money is wasted. 15 people on a worksite while 4 are working....bosses having multiple assistants..money being wasted on highways for "improvement" when nothing is improved at all...i.e. I95 just north of Baltimore. O'Malley doesn't care about anyone in this state no matter how much his tries to portray it with his soft talk crap in the media.

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Musicians should never be allowed in politics. They have no education on economics just socialist ideas. A budget is something that balances out so call it what it is a another Democratic TAX hike. You all can thank Motgomery and Baltimore county and Baltimore city for all these taxe increases.