Budget Deficit


Hogan Speaks Out On Maryland Budget Deficit

The state faces a $1.2 billion shortfall, but as political reporter Pat Warren reports, Hogan is looking for ways to fix the deficit.


Hogan budget

Educators Worried About What Md. Budget Deficit Means For Schools

Maryland educators are trying to gauge what the state’s budget deficit might mean for school funding.


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Maryland Revenues Higher Than Expected

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



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.


(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.



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.


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.