New projections show the state is on track to see structural deficits — in which it commits to spending more money than it ...

For nearly three years now, Maryland Governor Wes Moore has smiled, laughed and glad-handed his way through the actual hard ...

Maryland House Majority Leader David Moon wants to close the state’s projected $1.5 billion budget deficit by making spending ...

Maryland lawmakers were briefed on budget issue that could lead to more tax and fee increases or cuts to services.

Maryland is staring down a budget deficit of about $1.4 billion for fiscal year 2027, according to budget projections ...

The deficit is about five times larger than the predicted amount of $300 million in March, according to the spending affordability briefing.

ANNAPOLIS, MD – Maryland Senate Republican leaders are warning that the state’s finances are heading toward a breaking point ...

WASHINGTON — Maryland is finding itself fighting a familiar battle: balancing its books. This time, a nearly $1.5 billion ...

Analysts say the gap is structural, meaning even new taxes or tapping the Rainy Day Fund will not fully close the hole in ...

Maryland Gov. Wes Moore is ruling out tax increases as Maryland faces a projected $1.4 billion budget deficit for fiscal year ...

The General Assembly’s top budget analyst cautioned lawmakers against draining the state’s cash reserves to offset a nearly $1.5 billion deficit that has emerged in the coming fiscal year.