Maryland Defense Spending Rises Sharply on Proximity to Feds
Maryland drew more than 41 billion from the federal government in fiscal 1998, a 21 percent rise driven by defense. The state ranked behind California Texas for total federal dollars and held the second place share in defense funding, cited by Deputy Secretary David Iannucci who noted location advantages.
MENTIONED IN THIS ARTICLE
Maryland
California
Texas
Washington
Defense
David Iannucci
State Department of Business and Economic Development
Maryland Expenditures and Population From Federal Funds Report
Maryland received 41.56 billion dollars in federal funds with 8.7 billion for defense and 6.5 billion in Social Security. Other retirement and disability payments totaled 4 billion, Medicaid 1.7 billion, and other non-defense allocations 20.6 billion. Estimated population by July 1, 1998 is 5.1 million. Source: U.S. Census Bureau Consolidated Federal Funds Report. Awards promotional over BUSINESS FINANCE Tuesday through Saturday. Tie Frederick Netw. Fri ngs.
MENTIONED IN THIS ARTICLE
Maryland
Anne Defense
U.S. Census Bureau
Consolidated Federal Funds Report
Frederick
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