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Maryland, budget deficit
State leaders debate who's responsible for Maryland's looming budget deficit
Maryland’s financial future is looking bleak. In the new year, state leaders will be tasked with addressing a massive multi-billion-dollar budget deficit.Govern
5 things to know about how Maryland got its budget deficit
The state is staring down a $3 billion budget deficit, which is likely to overtake the majority of conversations when the Maryland General Assembly convenes on Jan. 8 for the 2025 legislative session.
Republicans, Democrats differ on solutions for Maryland's nearly $3 million budget deficit
Republicans pointed to reckless spending as a budget deficit problem. "It is a self-inflicted wound and we can repair it by doing some common-sense budget practices," said state senator Justin Ready, R-District 5. Democrats cited unexpected expenses in entitlement programs.
Maryland facing looming budget shortfall
Maryland is predicting a nearly $3 billion dollar budget shortfall for budget year 2026.Governor Larry Hogan left office with a $5 billion dollar budget surplus.ALSO READ | Maryland struggles with budget deficit while neighbors thrive"It would be a mistake for the legislature to use its newly expanded budgetary power to return to the old habits of raiding the rainy day fund or recklessly spending down the surplus,
Maryland struggles with budget deficit while neighbor states bask in surplus
The upcoming Maryland General Assembly session is expected to focus on the state’s projected $3 billion budget crunch. In contrast, nearby states are experiencing significant budget surpluses and are considering implementing tax cuts.
5d
on MSN
How Maryland found its way to a $3 billion budget crisis
After years of budget surpluses and pledges around fiscal responsibility, what’s behind Maryland’s $3 billion budget crisis?
9d
on MSN
Maryland to hit 'pause' on plan to boost spending on public education by $3.9 billion
Maryland Governor Wes Moore revealed plans to pause elements of the massive education spending plan called the Blueprint For ...
8d
Baltimore County superintendent says state's budget deficit, district's bus safety citations are concerning
Baltimore County Public Schools Superintendent Dr. Myriam Rogers said during her mid-year update that the state's budget ...
2d
on MSN
Maryland Gov. Wes Moore signs order to help economic growth amid job growth, budget shortfall
Business leaders praised an executive order signed by Gov. Wes Moore last week in an effort to bump Maryland’s economic ...
Opinion
The Daily Record (Maryland)
8d
Opinion
‘Staggering’ error drives slight uptick in MD budget deficit
Maryland’s budget deficit for the next fiscal year has risen to nearly $3 billion, in part because of a “staggering” error in ...
WBAL
7d
Committee meets to discuss budget deficit; Ferguson talks transportation projects
The Spending Affordability Committee met to discuss a $2.5 billion deficit in next year’s Maryland budget, putting projects ...
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