The battle to solve Maryland’s $3 billion budget deficit has prompted a debate between the state’s two most recent leaders, who are pointing fingers and blaming each other for the fiscal crisis. On Wednesday,
Maryland’s wealthiest earners would pay more in state taxes, while corporations and other workers would get a tax cut under a budget plan Gov. Wes Moore will introduce Wednesday — marking the first time the Democrat has thrown his political weight behind policies that could directly impact most Marylanders’ pocketbooks.
None of these things are easy. All of them are necessary,” Maryland Gov. Wes aMoore said in a news conference unveiling his plan.
Maryland Gov. Wes Moore has warned that massive budget cuts are on the way as state lawmakers try to solve a $3 billion budget gap. Moore told Maryland residents Wednesday to brace themselves for $2 billion worth of cuts in his soon-to-be-released budget.
Maryland Gov. Wes Moore has included higher income tax rates for taxpayers who make more than $500,000 in his budget plan, as well as about $2 billion in budget cuts to address a $3 billion deficit.
Maryland Gov. Wes Moore said that his proposal for the state’s budget will include $2 billion in cuts. He declined to specify which areas of the state’s roughly $63 billion budget
Without selling the tax increases that the governor unveiled in his $67 billion budget proposal on Wednesday, Moore faces making even deeper cuts to balance the state’s finances.
Maryland Gov. Moore Includes Income Tax Increases for Wealthy Residents to Help Address $3B Deficit ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore released a budget plan Wednesday that includes ...
Maryland lawmakers are bracing for a fiscally challenging legislative session. The 90-day session begins Wednesday.
Moore has also pledged making $2 billion in cuts to help close a $3 billion budget gap, targeting some spending on climate initiatives and government inefficiency.
When Wes Moore took the oath of office as Maryland governor in January 2023, he moved into a governor’s mansion surrounded by history. Within blocks of the residence is a