Governor proposes $2B in budget cuts amid looming shortfall
1 day ago · Maryland's 90-day legislative session opened Wednesday with the governor calling for $2 billion in cuts to balance the state budget amid a shortfall of almost $3 billion.Concern over the projected ...
Maryland Gov. Wes Moore warns of major budget cuts amid $3B budget deficit
1 day ago · Maryland faces major budget cuts amid $3B budget deficit. Maryland Gov. Wes Moore has warned that massive budget cuts are on the way as state lawmakers try to solve a $3 billion budget gap.
Maryland Lawmakers Convene With $3B Deficit and Uncertainties …
1 day ago · Maryland Gov. Wes Moore says he will submit a budget plan with about $2 billion in spending reductions to start addressing a deficit of roughly $3 billion By Associated Press Jan. 8, 2025
Maryland General Assembly begins session facing $2.7B deficit
2 days ago · Maryland lawmakers face an historic budget deficit when the next session of the General Assembly begins Wednesday, and it could impact taxes and services. The deficit is projected to be $2.7 billion.
Maryland Gov. Wes Moore says budget plan includes $2 billion in …
1 day ago · BALTIMORE — Gov. Wes Moore said Wednesday he will propose $2 billion in cuts next week when he releases his plan for Maryland’s next state budget and that he continues to have a “very high bar” for tax increases. Moore’s comments on the opening day of the annual 90-day legislative session in Annapolis were the first signs of how officials will begin negotiations around resolving a ...
Maryland Faces Massive Budget Deficit: Governor Moore …
Dec 28, 2024 · – In an address at the Maryland Association of Counties on Dec. 12, 2024, Maryland Gov. Wes Moore announced that the state is facing a budget deficit of $2.7 billion for the upcoming 2025...
Md Gov. Moore plans $2 billion in cuts, targeting environment …
1 day ago · Md. Gov. Moore plans $2 billion in cuts, including climate programs. The state’s ambitious climate goals may be rolled back as officials tackle a budget crisis.
Maryland lawmakers are facing $2.7 billion budget deficit ... - CBS News
Nov 13, 2024 · BALTIMORE -- Maryland lawmakers face a budget outlook worse than during the Great Recession in 2008-2009, with a $2.7B budget deficit for the next budget year, which begins July 1, 2025. A...
Five-year state budget projection foresees 'enormous gap' not …
Nov 12, 2024 · Maryland faces more than $1 billion in combined structural and cash deficits in the current year. That gap more than doubles to $2.7 billion in fiscal 2026 and 2027. By fiscal 2028, the state will exhaust the money set aside to cover the costs of education reforms, and will require money from the general fund.
Maryland Gov. Wes Moore proposes $63.1 billion budget with no …
Jan 18, 2024 · Maryland Gov. Wes Moore has submitted a $63.1 billion budget for the next fiscal year. The state spending plan released Wednesday uses a variety of budget-balancing moves to close a deficit.