Tag: state spending

  • The Governor Bought a Horse Race

    The Governor Bought a Horse Race

    Governor Wes Moore’s administration committed $85 million in taxpayer funds to acquire the Preakness Stakes brand, amid rising costs and budget deficits in Maryland. Critics argue this move prioritizes political gain over essential infrastructure needs and question the governance and management of this state-owned commercial property, with significant financial risks involved.

  • Maryland Spent $450 Million. Churchill Downs Bought the Crown Jewel. Moore Wasn’t Invited.

    Maryland Spent $450 Million. Churchill Downs Bought the Crown Jewel. Moore Wasn’t Invited.

    This Saturday, Democratic governors from four states will attend the Kentucky Derby, hosted by Kentucky’s Governor Beshear. Notably absent is Maryland’s Governor Wes Moore, who is kicking off his reelection campaign in Maryland. The situation raises questions about party optics and the financial relationship between Maryland and Churchill Downs.

  • Maryland Cuts Sports Event Funding — And Pimlico Is Paying the Price

    Maryland Cuts Sports Event Funding — And Pimlico Is Paying the Price

    Maryland lawmakers are cutting funding for sports and tourism, negatively impacting events like the 5 Star at Pimlico. This shift raises concerns about economic tradeoffs and undermines local job creation and tourism revenue. Critics argue these cuts jeopardize long-term competitiveness as other states continue to invest in sports tourism.