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Donald C. Fry
Hogan's budget includes some cuts, some status quo for economic development programs
Hogan's budget includes some cuts, some status quo for economic development programs

Advocates for programs spending state dollars on stem cell research or investment in technology companies were nervous about what Gov. Larry Hogan's budget would hold for them, given warnings of "strong medicine" to cure fiscal woes. But after Hogan's spending plan was unveiled Friday, they were relieved to find that the Republican's business-friendly message spared several economic development programs that were popular under Democratic Gov. Martin O'Malley. The budget matches O'Malley's for a tax credit encouraging investment in biotechnology companies, and only trims the prior administration's commitment to stem cell research by a tenth. As...

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