Maryland Budget

“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.

We talk with Democrat Sen. Jim Rosapepe about the thinking surrounding how to balance Maryland's budget.

The Maryland senate president says new taxes should be part of the state’s plan to deal with the deficit when the legislature returns to Annapolis in January.

State policymakers said energy costs are also likely to feature prominently in the legislative session that begins in January.

More than $148 million in cuts were approved for Maryland's 2024 state budget. The cuts effect specific agencies and government initiatives, including the state's coordinator of rural development.