Wed, January 8, 2025
[ Wed, Jan 08th 2025 ]: MSN
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[ Wed, Jan 08th 2025 ]: MSN
Off The Rails And Off To The Races

As Maryland lawmakers start new session, a budget crisis looms large

The article from MSN discusses the looming budget crisis in Maryland as the state's lawmakers begin their new legislative session. Maryland faces a significant budget shortfall, projected to be around $761 million for the upcoming fiscal year, influenced by the end of federal stimulus funds, increased costs in education, healthcare, and other state services, and potential economic downturns. Governor Wes Moore has proposed a budget that avoids tax increases but includes cuts to certain programs and relies on the state's rainy day fund. Key issues include funding for education under the Blueprint for Maryland's Future, which requires substantial investment, and debates over transportation funding, with proposals to increase fees and tolls. Additionally, there are discussions on how to address the state's transportation infrastructure needs without further burdening taxpayers, amidst calls for fiscal responsibility and strategic spending.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/as-maryland-lawmakers-start-new-session-a-budget-crisis-looms-large/ar-AA1xakR1 ]