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Maryland Reports $230M Tax Surplus

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The state of Maryland has ended the fiscal year 2012 with more money than expected, and that could have implications for next year's budget.

Comptroller Peter Franchot released the final numbers for the fiscal year that ended July 1, showing that the state took in $230 million more than expected. The extra money is on top of about $200 million in fund balance that also is available for the upcoming budget cycle.

While revenues were higher than expected, Franchot says revenue data reflects ongoing weakness in Maryland's job market. He says the extra money should go into the state's Rainy Day Fund. The state is facing a budget deficit of roughly $500 million a year. While the extra money could help fill that, it would only be a one-time fix, because the deficit is ongoing. 

To close the gap last time, lawmakers approved a series of fee increases and an income tax hike on the state's highest-earners.

WAMU 88.5

The Music And Legacy Of Motown

Motown founder Berry Gordy and director Charles Randolph-Wright of “Motown the Musical" join Diane for a conversation about the history of Detroit's famous sound.

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Will Montgomery County Go "Bottoms Up" On Liquor Laws?

Since Prohibition, Montgomery County has held the purse strings on liquor sales, meaning the county sells every drink from beer to bourbon to local bars and restaurants. But local business owners are pushing back from this system, claiming it lacks efficiency and leaves customers waiting. County officials say they are holding out for alternatives that protect those within the industry. We discuss both sides of the issue today.

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Exelon's Chief Strategy Officer On Its Proposed Takeover Of Pepco

Kojo chats with Exelon's chief strategy officer about the company's vision for electric service in the Washington region, and its argument for why its acquisition of Pepco is in the best interest of customers.

WAMU 88.5

Computer Guys And Gal

Another year is coming to a close and the Computer Guys And Gal are here to discuss this year's biggest technology news, including the growth of virtual reality and the "Internet of Things."

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