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The Message: Lost
in Translation
- by Delegate J.B. Jennings (R - 7)
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It is truly remarkable what a difference four years can make. If we
could journey back to 2006, Marylanders demanded a change in Annapolis.
Despite a 60 percent approval rating of former Governor Ehrlich’s
performance during his term, Marylanders elected a new administration
with a message that promised to create new jobs and cut taxes for
middle-income Marylanders.
Now, four years later and under the Leadership of Governor O’Malley,
Maryland received a “change”. Unfortunately, Governor O’Malley has
delivered a “change” - unexpected and undesirable to Marylander’s
expectations. In only his first term, Governor O’Malley, in an
unprecedented decision, raised the corporate income tax, personal
income tax, and the sales tax.
According to Governor O’Malley, the purpose for these tax increases,
were to resolve a decade long structural state deficit. It was
the
message contained in Governor O’Malley’s Executive Order that “this
structural deficit has been 10 years in the making”. A structural
deficit occurs from a negative balance between the sum of the State’s
ongoing spending obligations and its ongoing revenues.
Contrary to the Governor’s position, State Comptroller Peter Franchot
submitted a letter that stated a structural deficit could not have
occurred when the State of Maryland completed the fiscal year on June
30, 2007 with an undesignated balance of $193 million. This
balance
was the result of actual revenues exceeding the estimates by $75.0
million or 0.06 percent. Moreover, State agencies returned $51.9
million in unspent funds, which represented $17.6 million dollars more
than the estimate. Furthermore, the Revenue Stabilization Account,
otherwise known as the “Rainy Day” Fund, closed with a balance of $1.4
billion.
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Looking
Forward to Spring & Events in the Seventh District
- by Councilman John Olszewski, Sr. (D -
7) -
I think the worst is behind us as far as snowstorms are
concerned. We
can all look forward to spring. I think you will all agree that
this
has been a rough winter. Time to take a look at current projects and
other points of interest in the Seventh District. My office continues
to get calls about the trash pickup.
The regular routes and pickups were thrown out of kilter with the huge
amounts of snow. The Bureau of Solid Waste has announced that as of
March 1 until further notice, residents who normally put their trash in
the alley should return to their regular practice if their alley is
free and clear of snow. If you are unsure if a trash truck can get
through then continue to put the trash in the front of your house. It
will be picked up there. The trash and recycling drop off center in
White Marsh will remain open Monday through Saturday for those who want
to get rid of their trash in this way.
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Insurance
Companes Need to Set-Up
- by Delegate Sonny
Minnick (D - 6) -
It’s time for insurance companies to cover the terrible damage caused
by water main breaks, and like two dozen Annapolis legislators, I think
you’ll agree. That is why I sponsored the bill you will read about in
this column.
My constituents know the logistical and financial nightmares that water
main breaks can wreak on a community. Last September, when a massive
72-inch water main burst, Dundalk residents watched in horror as the
water climbed and climbed until it spilled into yards and homes,
destroying property in basements, garages and living rooms alike.
Dundalk residents were even more horrified when insurance workers
examined their neighborhoods’ flooded streets and houses and said, in
so many words, that none of it was covered by home insurance.
I want to right that wrong with House Bill 1088 (Homeowner’s Insurance
– Offer of Coverage for Loss Caused by Discharge of Water), which would
require all insurance companies in Maryland to cover losses caused by
water main breaks like the one from last September.
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Senator
Klausmeier Sponsors Small Business Bill
Senator Kathy Klausmeier
is a sponsor of Senate Bill 54 Business and Economic Development –
Maryland Economic Adjustment Fund (MEAF). If passed into law,
this act would extend benefits offered under current MEAF protocols to
include small businesses that had previously been ineligible for
economic assistance. The act would also reduce bureaucratic
red-tape, allowing for a swifter dissemination of benefits to the
expanded pool of eligible small businesses. In addition, the act
would allow for small business beneficiaries to use MEAF funds in a
wider variety of ways than ever before.
Among other purposes, MEAF is a critical source of assistance and
support for Maryland small businesses, serving as a major lender to
businesses who frequently cannot qualify for loans from commercial
lenders. Senator Klausmeier, who was a member of the Governor’s
Task Force for Small Business this past summer, knows the critical role
of small business, and supports efforts to ease hardship by providing
resources that will support businesses during the global recession. |
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