"Maryland's economy would suffer disproportionately from the likely downsizing of the federal government in coming years, perhaps losing 150,000 jobs if the 22% reduction in spending recommended by the president's budget commission were implemented, a new report says.
The report commissioned by business group Blueprint Maryland and done by Anirban Basu's Sage Policy Group paints a bleak picture of state economy that "has come to rely heavily upon the federal government as a source of economic vitality."
"The state has arguably taken prosperity for granted," said the report. "The business climate has become unappealing, which has translated into outmigration from Maryland to other states of both people and businesses"...........READ MORE
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