Democrats take control of the executive and legislative branches of state government in perhaps the best budget situation in state history.
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.
Maryland finished the fiscal 2021 budget year with a $2.5 billion surplus, according to the state's top tax collector.
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.
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.
Senate Democrats say they have reached a budget agreement that envisions spending an enormous $3.5 trillion over the coming decade.
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.
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.
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 […]
Dear reader: Get thee to Costco.
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 […]
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 […]