Just ten days into Maryland’s budget, Gov. Wes Moore (D‑MD) announced a proposal that will cut $150 million in spending across five state agencies and the state savings account in order to finance Medicaid and childcare.
The proposed cuts will drain the states’ savings account by 10%.
Moore shared his plans in an op-ed for the Baltimore Sun, noting that the state’s stagnating economy has made it challenging to meet the state’s budget needs.
As a former businessman, Moore prided himself and the legislature’s ability to pass a balanced budget for the second year in a row, marking the first back-to-back balanced budget for the state in ten years.
However, with the rise in popularity of the state’s childcare subsidy prog …
