Maryland My Maryland
Gov. O'Malley asking for ideas on how to save money for the state:
In the past two and half years and during some very tough circumstances – first an inherited structural deficit, and then a troubled national economy – we have made some difficult choices to balance our state budget.
But we have done so always with an eye toward the protecting the core priorities of education, public safety, the environment, protecting our most vulnerable families that we all share. Looking ahead, we will continue to protect our priorities to secure that better, stronger future we envision for our children and to position our State for economic growth and recovery.
Maryland is not immune from the impact of the national recession. But the choices we've made to restore fiscal responsibility to Annapolis have largely protected our State from the types of nightmare scenarios other states are now facing.
While we have protected our historic investments in public education, California, for example, has cut over $11.6 billion to K-12 education, and more than 25,000 teachers already lost their jobs. And while we've protected state employees from massive layoffs, states like South Carolina, for example, has already laid off more than 1,500 employees in the past year.
In addition, Maryland's unemployment rate remains well below the national average, and just this week, all three credit reporting agencies affirmed Maryland as one of only seven states to retain the coveted AAA bond rating, granted only to those governments that demonstrate remarkable fiscal stewardship.
Throughout our great Revolutionary history, our greatest triumphs have always come at times when we've faced our greatest adversity. We are going to get through these tough times the way we always have: by working together.
- Martin O'Malley