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Maryland governor unveils $67.3B budget, aims to balance deficit with cuts, taxes
Maryland Governor Wes Moore released details of his $67.3 billion budget on Wednesday. It relies on $2 billion in cuts to state Government as well as nearly $1 billion in tax increases to close a nearly $3 billion budget deficit.
Gov. Wes Moore reveals plan for budget cuts, tax changes in Maryland
Moore has said the state will face difficult choices in handling its worst financial crisis in 20 years, leading to shortfalls that could reach nearly $6 billion by 2030.
Maryland governor's FY2026 $67.3B budget plan hinges on spending cuts, tax changes
Maryland Gov. Wes Moore introduced his $67.3 billion operating budget proposal for 2026 that he said is based on growing the economy — and includes tax changes.
Governor’s budget proposal to include tax cuts and ‘growth agenda’ spending
Gov. Wes Moore (D) said Tuesday he will avoid tax increases and massive budget cuts and instead focus on growing the state's economy to solve the worst budget problem in more than two decades.
Gov. Moore's Maryland Budget proposes $2 billion in cuts, taxes hikes for the wealthy
For several weeks, Moore has telegraphed the upcoming budget cuts and ‘revenue’ increases to solve the state’s $3 billion deficit. He has blamed the deficit on the previous administration's ‘overspending’ while not growing Maryland’s job base and economy.
Moore launches sales job on his budget and politically dicey tax hikes
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.
Tax cuts, increases part of Moore’s ‘growth agenda’
Gov. Wes Moore Wednesday proposed a budget he said will promote long-term economic growth and provide tax cuts to many, but it will be balanced on tax increases on high-income earners in the state.
Maryland Gov. Moore includes income tax increases for wealthy residents to help address $3B deficit
Maryland Gov. Wes Moore released a budget plan Wednesday that includes higher income tax rates for taxpayers who make more than $500,000, as well as about $2 billion in spending reductions throughout state government to address a $3 billion deficit.
Gov. Wes Moore announces $2B in cuts, tax hikes as Maryland faces budget deficit
Maryland is facing a budget crisis and Gov. Wes Moore has said the state is going to have to slash spending and increase revenue to fix it.
Moore's budget: Tax overhaul includes cuts and increases for Marylanders
An overhaul of Maryland's personal income taxes would give two-thirds of filers an average tax cut of about $173 while raising hundreds of millions of dollars more from those making more than $500,000 under a budget plan proposed Wednesday by Gov.
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Gov. Moore on Working With Trump: "I'm Not The Leader Of The Resistance, I'm The Governor Of Maryland"
Gov. Wes Moore (D-MD) joined CNN's Jake Tapper on Tuesday and discussed how he plans to work alongside President-elect Donald ...
WBAL-TV on MSN
1h
Legislative Black Caucus of Maryland unveils 2025 priorities with broad focus on many issues
The Legislative Black Caucus of Maryland unveiled on Thursday what members characterized as a robust, impactful, meaningful ...
1d
on MSN
Democratic governor open to working with Trump: ‘I’m not the leader of the resistance’
Maryland Gov. Wes Moore (D) signaled he is open to working with President-elect Trump, saying he is “not the leader of the ...
5h
Harrisburg filing a petition to get renovations done at the Governor's Square Apartments
The City of Harrisburg is taking legal action to address longstanding issues at the Governor Square Apartments, a low-income ...
9d
Maryland voters approve of Gov. Wes Moore, oppose raising taxes to improve deficit, Gonzales poll shows
More than 60% of Marylanders surveyed approve of the job Gov. Wes Moore is doing in office, while they are strongly against ...
Datacenter Dynamics
12h
“Quantum Capital” planned in Maryland with UMD and IonQ
The Moore-Miller Administration has also committed continued funding for the construction of Zupnik Hall, a new $244 million ...
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