January 17th, 2022 by WCBC Radio
Maryland has a historic $6 billion surplus that comes from unexpected tax revenue- and Comptroller Peter Franchot has a plan for how to use it. The state’s chief fiscal officer, in an interview with WCBC News, said that he wants to see investments in the rainy day fund and high priority infrastructure projects. His immediate priority however would be to enact another round of economic survival payments for the most financially insecure, but this time, increase the amount to $2,000…
He says, in addition, the state must provide immediate financial support to our child care industry. Over the past 20 months, more than 750 child care providers in Maryland have closed due in large part to the government’s inability to distribute promised financial assistance in a timely manner. Finally he wants to see some financial support for small mom and pop businesses across the state…
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