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Baltimore Sun: Ehrlich's Rosy numbers seen as misleading

Friday, January 28, 2005

(The Baltimore Sun)

Gov. Robert L. Ehrlich Jr. offered a glowing account of Maryland's finances during his State of the State address yesterday, saying the state would end the current budget year in June with a $680 million surplus.

Since he took office, the governor boasted, "we have resolved a $4 billion - four, with a b, billion dollars - in shortfalls."

But the numbers Ehrlich plucked for his speech offer only a partial - and somewhat misleading - view of Maryland's fiscal outlook, lawmakers and legislative analysts said.

By promoting a $4 billion solution, the governor is adding up several years' worth of temporary patches that leave the underlying problem unresolved, analysts say.

"If he has a $1 billion projected budget deficit for four years in a row, and solves each of them mostly with one-time solutions, he has $4 billion in solutions," said Warren G. Deschenaux, the General Assembly's top budget analyst. "It illustrates the fact that we haven't made the structural solution, because we keep filling gaps heroically."

Read the complete article:
http://www.baltimoresun.com/news/local/politics/bal- te.md.spend28jan28,1,2096237.story?coll=bal-home-headlines

 

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