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Governor Hogan on COVID-19’s Impact on Maryland’s Budget: “The Biggest Fiscal Challenge We Have Ever Faced”

ANNAPOLIS, MD—Governor Larry Hogan today issued the following statement after a meeting of the Board of Revenue Estimates: “The COVID-19 pandemic has caused an unprecedented fiscal crisis for state and local governments nationwide, which according to Moody’s Analytics will face $500 billion in shortfalls over the next two fiscal years, with more than 4 million […]