Governor Wes Moore promised his budget will have $2 billion in cuts, while the General Assembly will work to close the remaining $1 billion of the deficit.
If we fail to act now, the consequences will be severe. Higher taxes, reduced services, and an exodus of residents and businesses could become the norm. Maryland cannot afford to repeat the mistakes of the past. It’s time for leaders in Annapolis to make the tough choices necessary to put our state on a path to fiscal sustainability.
ANNAPOLIS, Md. (7News) — Maryland Governor Wes Moore released details of his $67.3 billion budget on Wednesday. It relies on $2 billion in cuts to state Government as well as nearly $1 billion in tax increases to close a nearly $3 billion budget deficit.
Maryland is facing a budget crisis and Gov. Wes Moore has said the state is going to have to slash spending and increase revenue to fix it.
Maryland state senators and delegates always celebrated their return to Annapolis, but this year, there is a decidedly dark mood around the state house.
As energy demands continue to grow, Maryland state leaders, along with energy officials, are working to find long term solutions.During presentations in Annapo
WBFF- Baltimore — Maryland's new legislative session starts tomorrow. As lawmakers return to Annapolis, there are some daunting issues to be addressed, chief among them; the state's multi-billion dollar budget deficit and continued calls to get juvenile crime under control.
A march and rally at Lawyers Mall in Annapolis intensified a continued focus on juvenile services, justice and reform in Maryland.
The Maryland General Assembly’s 2025 session began at noon on Wednesday, where lawmakers were ready to tackle a number of high-interest issues. Policy decisions will be framed around how much money is
Maryland Gov. Wes Moore speaks, Tuesday, Oct. 29, 2024, at the Dundalk Marine Terminal in Baltimore. (AP Photo/Daniel Kucin Jr.)(AP/Daniel Kucin Jr.) ANNAPOLIS, Md. (AP) — Maryland Gov.
Maryland lawmakers are bracing for a fiscally challenging legislative session. The 90-day session begins Wednesday.
Maryland Gov. Wes Moore has included higher income tax rates for taxpayers who make more than $500,000 in his budget plan, as well as about $2 billion in budget cuts to address a $3 billion deficit.