How Maryland found its way into a $3 billion budget crises via Baltimore Sun

Comes down to:

  • Bluerprint for Maryland’s Future unfunded for 2028 - 2030
  • Other spending commitments: $1b in public school construction, $1.2b in stadium renovations, $400m into Pimilico & training grounds
  • Increase in costs, especially Medicaid program, prison health care, childcare, & developmental disability programs
  • No new revenues other than digital advertising taxes (which under judicial review)
  • Lagging state economy (e.g., 1.6% from 2016 to 2023, compared to 13.9% nationwide), including lagging labor force participation
  • Over dependence on federal workforce, federal contractors without incentives around private industry