ANNAPOLIS, Md. (AP) — The chief fiscal analyst for the Maryland General Assembly warned lawmakers on Monday that they need to prepare for the "big train that is coming" from federal budget cuts by reducing the state's running budget deficit in this legislative session.
Warren Deschenaux, director of the state's Office of Policy Analysis, told members of two fiscal panels in Annapolis that Gov. Martin O'Malley's budget proposal goes a long way toward doing that with a mix of new taxes and fees and spending reductions.
"In sum, we can see light at the end of the tunnel, and it does not appear to be a train — at least not yet," Deschenaux said.
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