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Maryland On Verge Of Wiping Out Budget Deficit

December 19th, 2012 by WCBC Radio

Maryland's revenue projections are better than they've been in years. The state is on the verge of wiping out what was once a $2 billion budget deficit through cuts and tax increases, and it's on track to reap financial benefits in future years from full-fledged casino gambling. For the first time in many years, State Senator George Edwards believes there may finally be some light at the end of the fiscal tunnel. While the recommendation is to cut the remaining structural deficit in half during the upcoming General Assembly session, he’d like to see a more aggressive schedule in place…

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