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

Maryland is staring down a budget deficit of about $1.4 billion for fiscal year 2027, according to budget projections ...

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

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

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

Maryland Gov. Wes Moore can keep his pledge not to raise taxes next year — but doing so while closing a $1.4 billion budget ...

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 lawmakers were briefed by analysts who said they should expect to tangle with a $1.4 billion budget deficit during ...

Lawmakers will be briefed Wednesday on a $1.4 billion budget gap they could face as they head into the 2026 legislative ...

ANNAPOLIS, Md. (AP) — The Maryland Senate passed budget measures on Tuesday to address a deficit of more than $3 billion with tax increases and cuts throughout state government, as well as plans for ...

According to a state budget passed April 7, the Maryland Thoroughbred Racetrack Operating Authority will be eliminated two years earlier than planned. The budget to pay staff of the Authority was ...