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budget

Dec 18, 2022

Flush with cash, new authority, Democrats take control of state budget process

Democrats take control of the executive and legislative branches of state government in perhaps the best budget situation in state history.

Oct 18, 2021

Maryland panel recommends less borrowing despite revenue windfall

A state advisory panel recommends that Maryland issue about $200 million less in bonds for the coming budget year than in the current budget year.

Sep 29, 2021

Buoyed by pandemic aid, surge in tax revenues, Maryland flush with $2.5B surplus

Maryland finished the fiscal 2021 budget year with a $2.5 billion surplus, according to the state's top tax collector. 

Sep 3, 2021

Manchin seeks ‘strategic pause’ on Biden bill, opposes spending $3.5T

Sen. Joe Manchin said Congress should take a “strategic pause” on more spending, warning that he does not support President Joe Biden's $3.5 trillion package.

Aug 9, 2021

Senate Democrats unveil $3.5T budget for social, climate efforts

Senate Democrats unveiled a budget resolution Monday that maps $3.5 trillion in spending boosts and tax breaks aimed at strengthening social and environmental programs.

Jul 14, 2021

Senate Democrats’ $3.5T budget deal backs up Biden’s goals, though questions remain

Senate Democrats say they have reached a budget agreement that envisions spending an enormous $3.5 trillion over the coming decade.

Jun 11, 2021

Budget deficit for current year hits record $2.1 trillion

The U.S. budget deficit hit a record $2.06 trillion through the first eight months of this budget year as coronavirus relief programs drove spending to all-time highs.

Jun 1, 2021

Biden’s $6T budget proposal ramps up social spending, taxes on businesses

President Joe Biden is proposing a $6 trillion budget for next year that’s piled high with new safety net programs for the poor and middle class.

Mar 14, 2020

Kirwan, two revenue bills take next steps in the Senate

ANNAPOLIS — A landmark public education bill and two bills that would provide partial funding for the plan cleared a preliminary hurdle in the Senate Saturday. The votes on the Kirwan Commission education recommendations and an online advertising tax and a tax on digital downloads comes on a weekend when lawmakers are trying to prioritize […]

Feb 28, 2018

This is your brain. This is your brain (and your wallet) on Chipotle.

Dear reader: Get thee to Costco.

Jan 24, 2018

Judiciary seeks 5 percent budget boost

ANNAPOLIS – The Maryland Judiciary seeks $591.4 million in fiscal year 2019 – a 5 percent increase from the $562.9 million appropriated for the judicial branch this fiscal year, which ends June 30. About 90 percent of the Judiciary’s proposed increase is attributable to a $25 million rise in salaries, wages and fringe benefits. The […]

Sep 6, 2017

Md. board approves budget cuts, but less than Hogan proposed

ANNAPOLIS — The Board of Public Works approved a modified plan to reduce the current budget. The three-member panel unanimously approved nearly $63 million of $79.9 million in planned cuts, roughly $7 million less than proposed by Gov. Larry Hogan nearly a week ago. The balance, which include funds transfers, will likely need legislative approval in […]

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