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 …
1 day ago · 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. He told Maryland residents Wednesday to brace themselves for $2 ...
Maryland lawmakers convene with $3B deficit and uncertainties …
2 days ago · ANNAPOLIS, Md. (AP) — Maryland lawmakers are bracing for a fiscally challenging legislative session, which begins Wednesday. They are facing a budget deficit of roughly $3 billion and uncertainties about reductions in the federal government under President-elect Donald Trump that could have a big impact on the state.
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.
Md. Gov. Moore discusses billions worth of proposed cuts ... - WTOP
1 day ago · Home » Maryland News » Md. Gov. Moore discusses ... address the fact that for the seven years before I became the governor, Maryland’s budget grew by 70%, seven zero, and our growth, our GDP ...
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...
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.
What Marylanders Are Saying About The Moore-Miller …
Jan 18, 2024 · The governor’s FY 2025 budget proposal shrinks the state’s structural deficit by 34 percent, keeps the Rainy Day Fund balance at 9.4 percent, and flips the state’s projected cash shortfall of $1.1 billion to a positive cash balance of more than $100 million—all without raising taxes for Marylanders.
Maryland lawmakers approve $63B budget with ... - Associated Press News
Apr 5, 2024 · ANNAPOLIS, Md. (AP) — Maryland lawmakers gave final passage on Friday to the state’s $63 billion budget legislation, which includes tax and fee increases to help pay for transportation and education, though not as much as some lawmakers wanted.