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Maryland budget deficit projected to be $1B by 2028

July 20, 2023

Maryland Gov. Wes Moore reacted Wednesday to a projected budget deficit that could be $1billion by 2028. The Department of Legislative Services report showed the 2025 state budget deficit will reach the half-billion dollar mark. Moore admitted there are challenging economic times ahead. “We had an unprecedented amount of federal infusion of cash in support of Maryland’s budget,” Moore said.

 

Article Source: WBAL News-Radio

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