By Martin O'Malley, Governor
Yesterday, Maryland’s Board of Revenue Estimates announced an additional $500 million in revenue write-downs, due to the ongoing national recession and its impact on Maryland. The continued erosion of revenue estimates greatly changes the Supplemental Budget we had hoped to submit when the Recovery and Reinvestment Act was signed into law by President Obama.
But as we work with the General Assembly to make more difficult choices ahead to adjust for this latest economic hit, I am committed to protecting our priorities, including our investments in K-12 public education.
Earlier this week, I was proud to join Senators Barbara Mikulski and Benjamin Cardin for a
roundtable discussion with Bowie State University students, where we talked about state and federal investments in higher education that are making college more affordable for Maryland families. Despite difficult economic times, we’ve proposed a
fourth straight year of zero percent increase for in-state college tuition.
To read more about our investments in higher education, visit
http://www.governor.maryland.gov/....
Martin O'Malley, Governor