State comptroller Peter Franchot wants Maryland Gov. Larry Hogan (R) and other state officials to approve a $1 billion relief plan that would pull money from the state’s Rainy Day Fund.
According to The Hill, Franchot stressed that the Rainy Day Fund was “designed per its name for a crisis just like the one we’re in right now.” Franchot suggests that state officials distribute $750 million to its residents and $250 million to restaurants and small businesses.
“It’s not only raining outside,” he said, according to CBS affiliate WUSA9. “It’s also a tornado, a hailstorm, a hurricane and a tsunami all at once.”
According to the proposed plan, Maryland residents who make $50,000 or less in a year would qualify for the $2,000 direct payment. Couples that collectively make less than $100,000 will also be eligible to receive a check.
“The key thing with state aid is that we can get it to people. Federal aid is a bureaucratic maze,” Franchot told Fox Baltimore.
