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Budget Deficit

money generic

Maryland Revenues Higher Than Expected

Maryland has ended fiscal year 2012 with nearly $230 million more than expected.

08/30/2012

MONEY GENERIC

Senators Explore Repeal Of 1997 Tax Cut

Senate President Thomas V. Mike Miller says senators are exploring a bill that proposes to repeal a Maryland tax cut approved in 1997 to help balance the budget.

03/01/2012

(Credit: CBS)

O’Malley Says Officials Need To Be Open To Taxes

Gov. Martin O’Malley says Maryland must be open to raising new revenue to address the state’s budget deficit next year.

08/20/2011

O'Malley

Gov. O’Malley Says Tax Proposals Possible In Oct. Special Session

O’Malley said his administration has had several meetings on how the state will address a projected budget deficit of about $1 billion in the next fiscal year.

08/10/2011

Balt. Co. School

Teachers: Budget Shortfall May Negatively Impact Education & Class Sizes

Baltimore County teachers are sounding the alarms as school officials try to reduce a massive budget shortfall. Teachers say proposed reductions in nearly 200 teacher positions through attrition will have an impact on education.

03/15/2011

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