Maryland lawmakers face new $2.7 billion budget deficit, ‘worst situation we’ve seen in the last 20 years’
Maryland lawmakers were warned Tuesday of an impending $2.7 billion deficit they’ll need to resolve for the next budget year — a significant hole that all but guarantees another debate in Annapolis over whether they should make deep budget cuts or raise taxes.
Maryland faces over $1 billion budget gap, could reach $2.7 billion by 2027
A new report shows a widening budget gap for the state of Maryland.The report shows structural deficits and cash deficits of more than $1 billion in the curren
Analysts warn lawmakers of growing budget gap in Maryland
Maryland is facing a $2.7 billion budget deficit, and experts said the historic gap can't be fixed by shuffling money around.
Maryland lawmakers are facing $2.7 billion budget deficit
Maryland lawmakers are facing $2.7 billion budget deficit
Budget analyst says overspending is pushing Maryland into a fiscal crisis
When lawmakers left Annapolis this spring, they celebrated the passing of a budget that avoided broad tax increases. But when they return in two months, the sam
Maryland budget deficit fuels tax increase concerns
Maryland is facing a $2.7 billion budget deficit, and experts said the historic gap can't be fixed by shuffling money around. The dire report has fueled concerns that cuts in services and tax increases may be on the table.
Maryland's $2.7B budget hole requires thoughtful (and immediate) attention
Governor Moore and state lawmakers in Annapolis need to both raise taxes and cut spending to meet the fiscal moment.
CBS News1d
Maryland lawmakers are facing $2.7 billion budget deficit, their worst in two decades
BALTIMORE -- Maryland lawmakers face a budget outlook worse than during the Great Recession in 2008-2009, with a $2.7B ...
Maryland Reporter2d
State Roundup: Lawmakers warn of $2.7 billion deficit, with few simple solutions; General Assembly urged to extend health subsidy for young adults
Lawmakers warn of $2.7 billion deficit, with few simple solutions; With a 2025 deadline, the General Assembly is urged to ...
Five-year Md. state budget projection foresees ‘enormous gap’ not seen in two decades
Maryland lawmakers will return to Annapolis facing a widening budget gap. Analysts said it could become one of the worst ...
The Daily Record (Maryland)1dOpinion
Moore maintains ‘high bar’ for tax hikes amid dismal budget outlook
Gov. Wes Moore and his team on Wednesday reiterated that they have a “high bar” for raising taxes to plug a growing budget ...
Yahoo News1mon
Maryland lawmakers urge continued spending on pre-K expansion, with no solutions yet to projected deficits
Despite multibillion-dollar deficits projected for future state budgets, several Maryland lawmakers are championing planned increases in education spending, including publicly funded pre-K. “We know ...
WGAL28m
Proposed 2025 Cumberland County budget includes property tax hike
Cumberland County's proposed 2025 budget includes a 4% property tax hike. If approved, the tax changes will raise county revenues by $2.75 million, at an average cost to the taxpayer of $22.42 a year.
The Daily Record (Maryland)14dOpinion
Maryland’s many transit challenges
It’s no exaggeration that the Maryland Transit Administration is facing some enormous challenges. The MTA is that agency ...