In a recent interview, Governor Wes Moore refutes allegations that his predecessor, former Governor Larry Hogan, left him with an astounding $5 billion surplus, while the state struggled to balance its budget.
Moore told Bret Baier, the anchor of FOX’s Special Report, that was repeatedly refuted. In fact, we transformed a structural deficit—which had been anticipated since 2017 and had gone unchecked by the previous administration—into a surplus.
Moore contends that rather than being a steady surplus, the majority of the funds he received were one-time government COVID financing.
Therefore, he said, calling that a structural surplus either demonstrates that you are purposefully misrepresenting the facts or that you simply lack mathematical understanding.
We have repeatedly disproved this notion. We turned the long-predicted structural deficit left by the Hogan Administration into a surplus while lowering or leaving unchanged income taxes for 94% of Marylanders.
@iamwesmoore is Wes Moore.