Maryland braces for another billion dollar deficit as education spending surges

FINKSBURG, Md. (WBFF) — Maryland is facing yet another projected budget deficit next year, partly due to increases in public education spending. Maryland’s financial problems should not be a surprise to anyone. In fact, many have predicted this would happen.

Justin Ready, for 10 years, has been serving as a Maryland state senator, representing Carroll and Frederick Counties. And for much of his time in Annapolis, he’s been warning his fellow lawmakers that financial pain is coming.

“When you have exponential growth in spending, and you don’t have the requisite increase in revenue you end up with deficits,” Ready explained…

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