Maryland lawmakers face new $2.7 billion budget deficit, ‘worst situation we’ve seen in the last 20 years’
Maryland lawmakers were warned Tuesday of an impending $2.7 billion deficit they’ll need to resolve for the next budget year — a significant hole that all but guarantees another debate in Annapolis over whether they should make deep budget cuts or raise taxes.
Analysts warn lawmakers of growing budget gap in Maryland
Maryland is facing a $2.7 billion budget deficit, and experts said the historic gap can't be fixed by shuffling money around.
Maryland faces over $1 billion budget gap, could reach $2.7 billion by 2027
A new report shows a widening budget gap for the state of Maryland.The report shows structural deficits and cash deficits of more than $1 billion in the curren
Maryland lawmakers are facing $2.7 billion budget deficit
Maryland lawmakers are facing $2.7 billion budget deficit
Maryland budget deficit fuels tax increase concerns
Maryland is facing a $2.7 billion budget deficit, and experts said the historic gap can't be fixed by shuffling money around. The dire report has fueled concerns that cuts in services and tax increases may be on the table.
What's behind budget gap facing Maryland?
When Governor Larry Hogan left office he left his successor with a $5 billion dollar budget surplus."We are proud to be leaving the state of Maryland’s budget a
Maryland Faces $2.7B Budget Deficit, ‘Worst Situation’ in 20 Years
The five-year budget outlook is poorer than the one the state faced in the Great Recession and, without any changes, Maryland will only be able to cover 84 percent of planned spending through the 2030 fiscal year.
Maryland's $2.7B budget hole requires thoughtful (and immediate) attention
Governor Moore and state lawmakers in Annapolis need to both raise taxes and cut spending to meet the fiscal moment.
CBS News1d
Maryland lawmakers are facing $2.7 billion budget deficit, their worst in two decades
BALTIMORE -- Maryland lawmakers face a budget outlook worse than during the Great Recession in 2008-2009, with a $2.7B ...
Maryland Reporter2d
State Roundup: Lawmakers warn of $2.7 billion deficit, with few simple solutions; General Assembly urged to extend health subsidy for young adults
Lawmakers warn of $2.7 billion deficit, with few simple solutions; With a 2025 deadline, the General Assembly is urged to ...
Budget analyst says overspending is pushing Maryland into a fiscal crisis
When lawmakers left Annapolis this spring, they celebrated the passing of a budget that avoided broad tax increases. But when ...
Five-year Md. state budget projection foresees ‘enormous gap’ not seen in two decades
Maryland lawmakers will return to Annapolis facing a widening budget gap. Analysts said it could become one of the worst ...
The Daily Record (Maryland)1dOpinion
Moore maintains ‘high bar’ for tax hikes amid dismal budget outlook
Gov. Wes Moore and his team on Wednesday reiterated that they have a “high bar” for raising taxes to plug a growing budget ...
Opinion
Cumberland Times-News3hOpinion
Our view | Money problems
Ever meet someone where it seems like every step they take, a quarter falls out of their pocket? They try and try to save and play it safe with their ...
EMS114d
Md. officials offer to rehire laid off medics
CUMBERLAND, Md. — Allegany County officials have offered to rehire six EMS crew members they laid off in August due to a ...