Maryland Lawmakers Say Rainy Day Funds Help Budget Holes
ANNAPOLIS, Md. (AP) — Maryland lawmakers say Gov. Larry Hogan is using some of the state’s Rainy Day Fund to fill budget holes.
Lawmakers from both parties met at the governor’s residence Tuesday morning to get a briefing on Hogan’s budget proposal.
Sen. Richard Madaleno, a Democrat, says about $177 million in Rainy Day Funds help balance the budget. The fund contains more than the targeted amount of 5 percent of the state budget.
Senate President Thomas V. Mike Miller sa
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