The state of Maryland is facing a $3 billion budget shortfall. Gov. Wes Moore has announced significant budget cuts and has said he will hike taxes on the wealthiest residents to increase revenue.

Maryland Gov. Wes Moore (D) on Wednesday revealed his plan to balance the state budget in the face of a $3 billion deficit, detailing wide-reaching cuts that would affect some vulnerable ...

ANNAPOLIS, Md. — In a room adorned with oil paintings of his predecessors, Maryland Governor Wes Moore addressed the elephant in the statehouse. “We face the worst fiscal crisis in at least 20 ...

The state of Maryland is facing a $3 billion budget shortfall. Gov. Wes Moore has announced significant budget cuts and has said he will hike taxes on the wealthiest residents to increase revenue. By ...

Maryland could become the latest market to raise its sports betting tax rate, with Gov. Wes Moore proposing to double it in his latest state budget. “The greater risk, of course, is more states follow ...

ANNAPOLIS – Gov. Wes Moore proposed a budget Wednesday that would raise income taxes for Maryland’s highest earners and advance a broader plan he calls his “growth agenda” for the state.

Copyright 2025 The Associated Press. All Rights Reserved. Gov. Wes Moore talks about his budget proposal for the state of Maryland for next fiscal year during an ...

Under the proposal, the state would establish two new tax brackets for individuals earning more than $500,000 and $1 million while offering relief for most taxpayers Gov. Wes Moore is proposing an ...

Maryland Gov. Wes Moore is proposing a major tax hike for sports betting operators in the Old Line State. The governor’s latest budget proposal, unveiled during a press conference on Wednesday ...

ANNAPOLIS, Md. — Maryland Gov. Wes Moore and the General Assembly have big decisions to make that could impact Marylanders for years to come. The $3 billion budget hole has the Old Line State ...

Maryland Gov. Wes Moore released a budget plan Wednesday that includes higher income tax rates for taxpayers who make more than $500,000, as well as about $2 billion in spending reductions ...

Maryland Gov. Wes Moore speaks, Tuesday, Oct. 29, 2024, at the Dundalk Marine Terminal in Baltimore. (AP Photo/Daniel Kucin Jr.)(AP/Daniel Kucin Jr.) ANNAPOLIS, Md. (AP) — Maryland Gov.