Budget

Legislative leaders say the cuts are necessary to prepare for likely cuts in federal spending.

The Democrat used his annual address to make the case for his proposed budget, including plans to raise taxes on top earners.

Gov. Wes Moore is scheduled to deliver his annual State of the State address Wednesday at noon.

The state is facing a nearly $3 billion deficit next year.

“I think this is going to be a very, very challenging year to siphon off some of the state sales tax for specific jurisdictions,” Ferguson told reporters.

The Maryland Democrat’s proposed $67 billion state budget closes a nearly $3 billion budget gap.

Democrat Wes Moore says his budget proposal, to be released Wednesday, reduces taxes for the majority of Marylanders.

State vehicles, technology and real estate are among the areas the governor’s office will look for savings.

As the General Assembly opened its 90-day session, the governor and legislators offered different options for filling a nearly $3 billion deficit.

Concerns about the incoming Trump administration are also likely to feature during 90 days of lawmaking.