ROCKVILLE, MD  (January 22, 2015) — The Maryland Public Policy Institute today issued the following statement after Governor Lawrence J. Hogan, Jr., unveiled his highlights of his first budget proposal.

“Finally, Maryland is on a glide path to fiscal sustainability,” said Christopher B. Summers, president of the Institute. “After a meteoric, 37 percent growth in government the past eight years, Governor Hogan’s budget reins in a bloated government, encourages entrepreneurship, and puts the state on stronger fiscal footing. Governor Hogan is wisely restraining debt service costs and bringing expenditures into closer alignment with revenue projections over the next five years. We look forward to seeing the full details of the governor’s budget Friday, but the early details should be very encouraging to Marylanders who want a leaner, more efficient state government.”  

Earlier today, Governor Hogan unveiled his plan to close $1.25 billion in budget deficits. The governor’s plan balances the budget while providing record funding for K-12 education. Details on the budget proposal can be found at this link.

About the Maryland Public Policy Institute: Founded in 2001, the Maryland Public Policy Institute is a nonpartisan public policy research and education organization that focuses on state policy issues. The Institute’s mission is to formulate and promote public policies at all levels of government based on principles of free enterprise, limited government, and civil society.