When Florida’s pro-gambling groups launched a series of advertisements pushing voters to allow slot machines in 2004, they claimed gambling would rake in $500 million for state schools annually. In reality, those slot machines have generated roughly $600 million in total for the state over six years — only 20 percent of what was promised.
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‘Fiscal Cliff’ Looks Particularly High From Maryland’s View
Maryland’s economy would be particularly hard-hit if Congress is unable to reach a budget agreement to avoid the broad, automatic cuts to the federal budget set to take effect in January, experts say.
Groups Call for Special Session, Republicans Disagree
Several Maryland groups on Wednesday pressured lawmakers to reconvene for a special session and prevent more than $500 million in cuts under the “doomsday” budget, rejecting Republican claims that the current budget is sufficient.