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Tag Archives: Spending Affordability Committee

Vote to increase borrowing angers Franchot

ANNAPOLIS — A state debt committee has voted to increase Maryland’s borrowing by $150 million next year to almost $1.1 billion, and the decision has left Comptroller Peter Franchot steaming. “One week we are taking in less money, and the ...

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Even with tax hikes, transit funds lacking

ANNAPOLIS — A proposal to raise nearly $900 million a year more to spend on Maryland’s transportation needs would fall billions short of goals to pay for three major transit lines and support local projects and other initiatives, state budget ...

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