NORTHROP COMPROMISE REACHED: Gov. Larry Hogan and the Democratic leaders of the General Assembly unveiled a compromise Tuesday that will provide $20 million to Northrop Grumman Corp. and an equal amount to alleviate the cost of teacherpensions for local school systems, Michael Dresser reports for the Sun. Senate President Mike Miller and House Speaker Michael E. Busch announced the agreement in a joint statement.
In the compromise, a key legislative committee would allow the Northrop loan to take effect in exchange for Hogan supporting legislation next year that would provide equivalent funds to help local school districts pay for teacher pensions, writes the Post’s Josh Hicks. “This is a win-win for the state,” Busch said in a statement.
Tuesday’s agreement ends a roughly six-month standoff between the legislature, which refused to give final approval to the funding from the state’s so-called Sunny Day economic development fund, and the governor, who had steadfastly refused to release $80 million in funding fenced off by lawmakers earlier this year that included money earmarked to help counties offset gaps in teacher pensions, Bryan Sears writes in the Daily Record.