October 11th, 2011 by WCBC Radio
Maryland Comptroller Peter Franchot says it’s time for the general assembly and the governor to stop approving “smoke and mirror” balanced budgets- and to work toward an actual, rather than structural balanced budget. While the state for several years now has passed a balanced budget on paper- in reality, the state will once again start the fiscal year with a deficit- currently at two billion dollars. With talk of a double dip recession on the national and international level- Franchot says the state adopting pseudo balanced budgets is an insult to the many Marylander’s struggling to survive…