Hogan outlines $1.45 billion in budget cuts to grapple with economic downturn

Maryland Gov. Larry Hogan has pitched an enormous revision to the state’s spending plan that would put government workers on furlough, sell off aircraft to raise cash and eliminate 92 vacant jobs to help address the funding shortfall caused by the coronavirus shutdown. State forecasters say as much as $1.2 billion of state revenue could evaporate amid the economic crisis triggered by the pandemic. To mitigate that, Hogan (R) outlined $1.45 billion worth of cuts to Maryland’s $19.5 billion general fund, part of the $47.9 billion budget that takes effect Wednesday. (Wash Post)

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