Maryland lawmakers were briefed on budget issue that could lead to more tax and fee increases or cuts to services.

New projections show the state is on track to see structural deficits — in which it commits to spending more money than it ...

The deficit is about five times larger than the predicted amount of $300 million in March, according to the spending ...

“The outlook is a lot worse for fiscal [year] 27 than it was at the end of session,” David Romans, DLS fiscal and policy ...

ANNAPOLIS, MD – Maryland Senate Republican leaders are warning that the state’s finances are heading toward a breaking point ...

The General Assembly’s top budget analyst cautioned lawmakers against draining the state’s cash reserves to offset a nearly $1.5 billion deficit that has emerged in the coming fiscal year.

Maryland Gov. Wes Moore speaks at a news conference on Thursday, March 20, 2025, in Annapolis, Md., with leading Democrats in the state's legislature to announce an agreement on a state budget ...

Analysts say the gap is structural, meaning even new taxes or tapping the Rainy Day Fund will not fully close the hole in ...

Maryland lawmakers blasted the latest Francis Scott Key Bridge rebuild projections Tuesday, after transportation officials ...

After weeks of back and forth, the governor and Democratic legislative leaders announced they have a framework of a balanced budget agreement based on cuts and tax reform amid a $3.3 billion deficit.