Montgomery County's historic budget shortfall is now up to $761M.
Council President Nancy Floreen says the county "has a very serious problem."
Gee, you think?
It has a very serious SPENDING problem, one created by Councilmember Floreen and her equally freespending colleagues over the last 8 years.
As I've told you time and again, we have a structural deficit, and will for years to come.
One reason for that was officially acknowledged by the county yesterday: 39% of millionaires have moved out of the county since 2007, when Gov. Martin O'Malley (with hefty support from the Montgomery County Council and county delegation to Annapolis) slapped a "millionaire tax" on... ...millionaires. You know, the people who hire people. And create "jobs."
"Houston, we have a ________."