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.
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
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 isn't bringing in enough money to cover its expenses, projects show
Tough budget decisions are in Maryland's future as the state navigates how to handle billions of dollars in budget shortfalls. "The overarching takeaway from this meeting is there is an enormous gap between the ongoing spending commitments the ...
Maryland lawmakers are facing $2.7 billion budget deficit
Maryland lawmakers are facing $2.7 billion budget deficit
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 they return in two months, the sam
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.
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 ...
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 ...
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Maryland isn't bringing in enough money to cover its expenses, projections show
Simply put, the state is spending more money than it's bringing in. ​Some of the biggest issues are a rise in Medicaid ...
The Business Journals16h
Baltimore leaders ponder Red Line's fate amid budget woes
Mark Anthony Thomas, GBC president, said the next year will require "a lot more creativity" in figuring out how to keep the ...
Maryland Reporter13h
The Latest On Maryland’s Online Casino Laws
At the beginning of 2024, Maryland was viewed as being one of the states most likely to pass new laws that would regulate ...
WBAL-TV13m
Toxic tap water: Scope of problems posed by PFAS in school water clarifies under new law | Exclusive
The entire scope of the problem posed by so-called "forever chemicals" in Maryland schools is just beginning to come into view under a new federal law.