Higher Taxes or More Prudent Spending?

That's the question Maryland taxpayers (which means almost all of us) should be asking as Governor O'Malley's special legislative session to raise taxes looms.

How did a balanced budget that O'Malley inherited from the previous administration turn into a $1.7 BILLION DOLLAR deficit in just one year?

In my simplistic view, there are only two things that affect a budget -- income and expenditures. The income for the State of Maryland under the existing tax structure could not have fallen. The economy of the state is doing well, even growing, which means more revenue is coming in from personal income taxes and business taxes. The only apparent answer is the Governor is dramatically increasing spending.

Let's talk about this - thoughts and comments welcome.