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.
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
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 lawmakers are facing $2.7 billion budget deficit
Maryland lawmakers are facing $2.7 billion budget deficit
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 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 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.
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'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 ...
Yahoo1d
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 ...
The Business Journals1d
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 Reporter1d
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 ...
wmar2news1d
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 ...