Part 4/5:
Economist Darius Irani from the Regional Economics Institute at Towson University pointed out that Maryland's business environment is exceptionally challenging. A multitude of regulations creates obstacles for entrepreneurs, making the process of starting and maintaining a business less streamlined. He argues for a shift toward becoming more business-friendly and for reducing the state's over-reliance on federal funding.
Irani's perspective aligns with the broader sentiment that Maryland needs to lower costs associated with doing business and living, emphasizing that such changes could significantly mitigate the burgeoning budget gap.