{"id":4852,"date":"2022-01-11T04:51:10","date_gmt":"2022-01-11T04:51:10","guid":{"rendered":"https:\/\/pabconference.com\/what-can-you-do-with-billions-of-dollars\/"},"modified":"2022-01-11T04:51:10","modified_gmt":"2022-01-11T04:51:10","slug":"what-can-you-do-with-billions-of-dollars","status":"publish","type":"post","link":"https:\/\/wijhha.com\/index.php\/2022\/01\/11\/what-can-you-do-with-billions-of-dollars\/","title":{"rendered":"What can you do with billions of dollars?"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Maryland lawmakers returned to Annapolis on Wednesday facing a number of difficult issues, from support for police reform laws they passed last year to a move to legalize recreational marijuana.  There is another element: a huge surplus.<\/p>\n<p>And they have a lot of ideas about what to do with it.<\/p>\n<p>They also have conflicting ideas about the size of the surplus.  Senate President Bill Ferguson says the amount is $4.6 billion, but roughly two-thirds of that is a one-time influx of federal funds.  State Comptroller Peter Franchot says it&#8217;s $6 billion.  And that doesn&#8217;t count any federal stimulus that hasn&#8217;t been spent.<\/p>\n<p>Either way, there is a lot of money.<\/p>\n<p>Ferguson says lawmakers should be very thoughtful in targeting one-off expenses because &#8220;a lot of it is a one-time surplus that we don&#8217;t want to use for ongoing costs or ongoing revenue reductions, because it would set us up a huge slope down the line.&#8221;<\/p>\n<p>He suggests, for example, some infrastructure projects and cybersecurity enhancements to avoid breaches like the one that recently crippled the Maryland Department of Health at the start of the omicron boom.<\/p>\n<p>\u201cAcross the state government there are vulnerabilities that are going to take investments and they are one-off investments in systems and equipment, so I think that would be a significant spending area as well,\u201d Ferguson said.<\/p>\n<p>House Speaker Adrian Jones says she sees the extra money as an opportunity to modernize neglected state facilities, parks, bridges, schools and IT systems.<\/p>\n<p>She predicted they would focus &#8220;on making important upgrades rather than creating new long-term spending priorities.&#8221;<\/p>\n<p>&#8220;So we just want to be able to process things that we can fix and realize you know, and not be late for five or 10 years.&#8221;<\/p>\n<p>Franchot, who can&#8217;t vote on any of this, offered his own thoughts in an opinion piece recently published in the Baltimore Sun.<\/p>\n<p>Use half of it to replenish the state&#8217;s Rainy-Day fund, he wrote, issue support payments to low-income Maryland residents, help small businesses and minorities hit by the pandemic and provide relief to child care operators.<\/p>\n<p>Of course, there are lawmakers who have other ideas.<\/p>\n<p>Dale Jenelle Wilkins, a Montgomery County Democrat, describes herself as a huge advocate of housing.  She is introducing a bill to pump tens of millions of dollars into an affordable housing program.<\/p>\n<p>&#8220;We&#8217;re seeing huge costs rise in a lot of different ways, in our state and across the country because of the effects of COVID,&#8221; she said.  &#8220;And so I would really like to see this money for affordable housing to continue to support rent assistance as well.&#8221;<\/p>\n<p>Senator Adi Eckhart, an East Coast Republican, wondered if there would be a clash between those who would make up the state government and others who wanted to provide direct relief.  She said lawmakers should be &#8220;slow and steady.&#8221;<\/p>\n<p>&#8220;My rule of thumb is to give some directly in one-off initiatives,&#8221; she said.  &#8220;If we can provide ongoing tax breaks for our retirees, that would be great.&#8221;<\/p>\n<p>In response to a question about the surplus at a news conference Monday, Governor Larry Hogan said he could talk about it, but would ruin the surprise announcements he plans next week.<\/p>\n<\/p><\/div>\n<p><script><\/p>\n<p>  window.fbAsyncInit = function() {\n      FB.init({<\/p>\n<p>              appId : '184762365984',<\/p>\n<p>          xfbml : true,\n          version : 'v2.9'\n      });\n  };<\/p>\n<p>  (function(d, s, id){\n     var js, fjs = d.getElementsByTagName(s)[0];\n     if (d.getElementById(id)) {return;}\n     js = d.createElement(s); js.id = id;\n     js.src = \"https:\/\/connect.facebook.net\/en_US\/sdk.js\";\n     fjs.parentNode.insertBefore(js, fjs);\n   }(document, 'script', 'facebook-jssdk'));\n<\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Maryland lawmakers returned to Annapolis on Wednesday facing a number of difficult issues, from support for police reform laws they<span class=\"more-dots\">&#8230;<\/span><\/p>\n","protected":false},"author":1,"featured_media":4853,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-4852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/wijhha.com\/index.php\/wp-json\/wp\/v2\/posts\/4852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wijhha.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wijhha.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wijhha.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wijhha.com\/index.php\/wp-json\/wp\/v2\/comments?post=4852"}],"version-history":[{"count":0,"href":"https:\/\/wijhha.com\/index.php\/wp-json\/wp\/v2\/posts\/4852\/revisions"}],"wp:attachment":[{"href":"https:\/\/wijhha.com\/index.php\/wp-json\/wp\/v2\/media?parent=4852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wijhha.com\/index.php\/wp-json\/wp\/v2\/categories?post=4852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wijhha.com\/index.php\/wp-json\/wp\/v2\/tags?post=4852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}