Thursday, October 31, 2024 | Baltimore, MD
FOLLOW US:

Five-year budget picture has legislators weighing cuts, taxes other options

November 8, 2023

Maryland lawmakers face tough budget decisions that could include program cuts or tax increases when they return to Annapolis in January. Members of the joint Spending Affordability Committee were briefed on a budget picture that sees hundreds of millions in structural deficits balloon to $2 billion by fiscal 2029. That picture raised the specter of tax increases.

 

Article Source: Maryland Matters

The Morning Rundown

We’re staying up to the minute on the issues shaping the future. Join us on the newsletter of choice for Maryland politicos and business leaders. It’s always free to join and never a hassle to leave. See you on the inside.