O’Mally-Brown Campaign
June 24, 2010
O’Mally-Brown Campaign
Governor Martin O’Malley and Lt. Governor Anthony Brown will pick up where they left off four years ago-a gubernatorial race with former Governor Bob Erlich. I contacted the O’Malley-Brown Campaign and requested a statement in reference to the upcoming governors’ election. The following is a statement released by Rick Abbruzzese, Deputy Campaign Manager for the O’Malley in regards to the Erlich Campaign:
“This is not a plan. Bob Ehrlich’s so-called plan is all talk and no action - he is proposing a commission, a summit, a task force, three reviews and two explorations, but nothing to actually create jobs or help small businesses struggling because of the global recession. This lip service is insulting because Maryland’s small businesses and families expect and deserve more from a former governor. As governor, Bob Ehrlich actually proposed the largest-ever increase in state spending and increased taxes and fees that hurt Maryland’s small businesses and families, while benefiting special interests. Now as a lobbyist, Bob Ehrlich has spent the last four years helping his clients export American jobs, bail out Wall Street banks, and defend giant oil companies. In stark contrast, Governor O’Malley has delivered results, including the Job Creation and Recovery Tax Credit to put unemployed Marylanders back to work and a rapid response small business loan guaranty program to get credit flowing again to our small businesses.” Governor O’Malley’s record of progress is listed.
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Governor O’Malley Record of Progress
Job Creation Tax Credit
- The Job Creation and Recovery Tax Credit signed into law this year by Governor O’Malley will give any business that hires an unemployed Marylander a tax credit of $5,000. In the FY2011 budget, Governor O’Malley allocates $20 million for the new jobs program.
- With this year’s budget, the O’Malley-Brown Administration created the Maryland Small Business Credit Recovery Program to streamline the loan approval process and allow the State to guarantee a small percentage of loans, helping banks provide much-needed capital for our small businesses.
Innovative Partnerships to Create Jobs
- Governor O’Malley announced a public-private partnership with Ports America Chesapeake to create 5,700 new direct and indirect jobs at the port.
- With incentives from the State of Maryland, General Motors announced that it will produce the next generation of electric drive motors at its facility in White Marsh. The company will construct a high-volume electric drive manufacturing facility at the Baltimore County Transmission plant, creating approximately 200 jobs and retaining hundreds more already at the plant.
- After launching Bio2020, a 10-year, $1.3 billion investment in life science and biotech research and development, the O’Malley-Brown Administration is continuing their strong support in this emerging field by increasing the Biotech Tax Credit from $6 million to $8 million.
- Governor O’Malley was recognized this year for his outstanding leadership in growing and promoting Maryland’s biotechnology industry. The award was presented by Biotechnology Industry Organization (BIO) CEO Jim Greenwood and Maryland Life Sciences Advisory Board (LSAB) Chairman H. Thomas Watkins.
- Governor O’Malley launched a multipronged strategy to build on Maryland’s cyber security assets to create and protect Maryland jobs, and to advance the cause of security not just in our State but for our country and allies across the globe.
- BRAC will bring an estimated 60,000 jobs to the State of Maryland. Governor O’Malley’s Base Realignment and Closure (BRAC) Subcabinet, led by Lt. Governor Brown recently, designated five “BRAC Zones” throughout Maryland in 2008 to help direct and prepare for BRAC-related growth opportunities while enhancing the quality of life for all Maryland citizens. In 2009, two more BRAC zones for workforce development were designated: the City of Aberdeen and Howard County.
Expanding Opportunity for Minority and Women-Owned Businesses
- Governor O’Malley and Lt. Governor Brown recently launched MBE University, a conference that travels throughout Maryland to offer training, opportunities, and information on the tools necessary for minority or woman-owned businesses to expand and create jobs. In FY 2009, the State made $1 billion in procurement payments to MBE firms which helped create or save 18,906 jobs.
- In Fiscal Year 2009, Maryland state agencies achieved 22 percent MBE participation, up from 20 percent in the previous year. These include over $1.6 billion in awards to MBE firms, an increase of 26 percent in one year, and $1 billion in payments to MBE firms.
- Governor O’Malley launched the Maryland Clean Energy Center, which is tasked with moving Maryland forward by creating 100,000 new green jobs Statewide through the development and deployment of clean energy technologies all across our State.
- The Sustainable Communities Act of 2010 proposed by the Administration this year will provide $10 million in tax credits in FY 2011 to support thousands of construction jobs to revitalize our communities and neighborhoods.
- Governor O’Malley launched the Maryland Skills2Compete program to prepare our citizens for the increasing number of “middle-skill” job openings. The initiative will ensure that every Marylander has access to at least two years of training or education past high school.
- Governor O’Malley created the Higher Education Investment Fund, Maryland’s first-ever dedicated funding source for higher education. Since being established in 2007, the HEIF has invested more than $100 million in Maryland’s institutions of higher learning, with more than $42 million planned for this year alone to make critical investments in higher education and workforce development possible across our State.
- Governor O’Malley’s budgets have increased student financial aid by $95 million, with a record investment of $462 million for tuition assistance and scholarships to help more students and families across Maryland realize their dreams of a college education.
- Governor O’Malley has invested 35% more in Maryland’s community colleges since taking office, bringing the total 4-year commitment to $1 billion.
- In 2009, Maryland retained jobs better than all but 4 other states in the country. Additionally, 58 new business enterprises decided to locate in Maryland last year, creating or saving 6,465 jobs.
- Maryland’s unemployment rate in Maryland remains more than 20% below the national average as the Administration continues to work with local and national business partners to expand opportunity in every part of our state.
- Under Governor O’Malley, Maryland is one of only eight states to maintain a AAA bond rating certified by all 3 major bond rating agencies — saving taxpayers millions of dollars.
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