Two extremely certified candidates are vying to change into Maryland’s subsequent comptroller, whose shorthand descriptor — state tax collector — glosses over the job’s broader transient and actual energy.
Maryland
Opinion | Barry Glassman for Maryland comptroller
We recommend Mr. Glassman, a standard Republican who rejects the GOP’s MAGA wing and would take a restrained method to the workplace, managing it as supposed by the state’s legal guidelines and structure. He represents the one reasonable probability on this election cycle for any Republican to win statewide workplace in Maryland. The opposite two GOP nominees on the Nov. 8 poll — Del. Dan Cox, for governor, and Michael Anthony Peroutka, for lawyer common — are extremists who path by greater than 20 share factors within the polls.
One-party rule in any state is a recipe for immoderation and poor governance. Maryland’s legislature has lengthy been managed by Democrats, with the celebration’s liberal wing ascendant. Over the previous eight years, solely Gov. Larry Hogan, a reasonable Republican, has supplied a examine on Democratic dominance in Annapolis. Within the course of he gained large reputation in Maryland, the place Democrats outnumber Republicans by a 2-to-1 ratio.
Mr. Hogan has shunned the opposite two GOP candidates on the statewide poll, however embraced Mr. Glassman, whom he sees in his personal mildew — a sane, conventional Republican untainted by the “massive lie” and former president Donald Trump’s cult of persona.
Mr. Glassman has the suitable perspective on the job he seeks, which oversees an workplace of greater than 1,000 staff. As comptroller, he could be one among three members of Maryland’s highly effective Board of Public Works, which might make or break main state contracts for highways, rail traces and different essential infrastructure. In that capability, he would assist Mr. Hogan’s wise plan to widen parts of the Beltway and Interstate 270 — the one believable strategy to forestall a lot worse site visitors in the long term on highways already infamous for a few of the nation’s worst congestion; Ms. Lierman opposes it.
Mr. Glassman would take a accountable method to a different key a part of the comptroller’s job: serving to oversee the state’s pension fund, price roughly $68 billion initially of this 12 months. In that capability, he says he would focus not on politics however on funding returns that guarantee advantages for tens of hundreds of retired academics, state police, judges and others. Ms. Lierman, in contrast, needs to leverage the fund to advance her coverage views, directing investments towards or away from firms relying on their priorities. We would agree with a few of these coverage preferences — for instance, in favor of corporations that embrace measures to fight local weather change, shun Russia or assist struggling communities. However we share Mr. Glassman’s reluctance to make use of the pension fund as an ideological device.
Each candidates are succesful. Mr. Glassman is a greater match for the job.
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Maryland Gov. Moore to share 2025 budget proposal as state faces $2.7 billion deficit
BALTIMORE — Maryland Governor Wes Moore is expected to share his Fiscal Year 2025 budget proposal and legislative priorities Tuesday as the state faces a $2.7 billion deficit, the largest in 20 years.
The Maryland General Assembly’s 2025 legislative session got underway on January 8, during which the governor said he plans to take an aggressive approach by cutting $2 billion in spending.
Gov. Moore said he plans to focus on government efficiency and bringing new streams of revenue to the state.
The state is legally required to pass a balanced budget, and the legislature will likely vote on the 83rd day of the session, on April 1, 2025.
The budget was a hot topic during the Jan. 8 meeting. Democrats called it a difficult year and Gov. Moore said he is committed to optimizing spending.
“I inherited a structural deficit when I became the governor because the state was both spending at a clip of what that was not sustainable, and we were growing at a clip that was embarrassing,” Gov. Moore said.
A structural deficit occurs when the government is spending more money than it makes in taxes.
Did Gov. Moore inherit a deficit?
In 2022, former Governor Larry Hogan and state lawmakers closed out the legislative session with an estimated $2.5 billion budget surplus, which allowed for infrastructure and school upgrades along with tax relief. The state also had about $3 billion – 12% of the state’s general fund – in its Rainy Day Fund.
Hogan met with Gov. Moore’s administration in December 2022 to share budget recommendations during which time he urged the administration and lawmakers to maintain the surplus.
“With continued inflation and economic uncertainty at the national level, we believe this is critically important, and it would be a mistake for the legislature to use its newly expanded budgetary power to return to the old habits of raiding the Rainy Day Fund or recklessly spending down the surplus,” Hogan said at the time.
During the 2022 meeting, Hogan also recommended more than $720 million in spending to expand community policing and behavioral health services, replace an aging hospital on the Eastern Shore and construct a new school and care center.
Maryland went into the 2024 legislative session facing an estimated $761 million structural deficit. At that time, Gov. Moore proposed $3.3 billion in cuts.
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