Given the state government’s fiscal circumstances, the $63.1 billion Maryland budget unveiled Wednesday by Gov. Wes Moore may be the least painful — or most politically palatable — anyone in the State House could have envisioned. It solves a projected $761 million deficit in the fiscal year that begins in July. It allows the governor to pay for popular programs, like the ongoing K-12 public education reforms, and even provides enough to fund a handful of new initiatives. And, significantly, it does not require raising taxes.
Even with the snow, Maryland’s governor sees only a ‘Rainy Day’
January 19, 2024