Facing a looming budget shortfall, Gov. Martin O'Malley (D-Baltimore) announced he would be considering steeper cuts to funding for health care and education and is considering a furlough program, according to The Baltimore Sun.
Last month, the Board of Revenue Estimates reported the state's general fund revenues were at roughly $14 billion - $432 million less than original estimates.
To combat the deficit, O'Malley announced he would be asking state agencies to identify cuts of up to five percent in the current year's budget. The governor plans to present these cuts to the Board of Public Works on October 15.
O'Malley said the nation's economic outlook and the result of November's slots referendum would influence the decision to make more cuts.
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