Maryland’s already swollen bank accounts are expected to grow by $1.6 billion, state forecasters said Thursday, setting the stage for renewed debate on how to spend the state’s historic surplus. Democrats have pushed extra funding for schools, child care and tax breaks on necessities such as diapers and medical equipment. Republicans have called for across-the-board tax breaks for retirees.
Maryland’s unprecedented surplus grows by $1.6 billion, setting stage for renewed tax cut debate
March 11, 2022