Current:Home > ContactMaryland governor proposing budget cuts to address future shortfalls -ProfitEdge
Maryland governor proposing budget cuts to address future shortfalls
View
Date:2025-04-16 17:20:23
ANNAPOLIS, Md. (AP) — Maryland Gov. Wes Moore is proposing a package of state spending reductions to get an early start on helping to address a future budget shortfall, after lawmakers took some beginning steps to tackle upcoming fiscal holes in this year’s session.
Moore is proposing about $149 million in mid-year budget cuts next week for approval by the state’s Board of Public Works, which is comprised of the governor, the comptroller and the state treasurer. The powerful spending panel has the authority to cut up to 25% of the state’s operating budget.
Helene Grady, Moore’s budget chief, has scheduled an availability with journalists to discuss the plan on Wednesday afternoon.
“This morning, my administration submitted a plan to make targeted and strategic spending cuts and grow our economy while simultaneously protecting the programs and projects that Marylanders care about most,” Moore wrote in a column in The Baltimore Sun on Wednesday.
“We’ve taken a disciplined, data-driven approach that prioritizes investment in areas that connect Marylanders with employment and build new pathways to work, wages, and wealth for all,” the governor wrote.
Moore submitted a balanced $63 billion budget in January for the fiscal year that began this month. It did not include tax increases as originally proposed, but the General Assembly changed the legislation to include new revenue, including a variety of transportation-related user fees to help pay for transportation projects and tobacco tax increases to help pay for education.
Legislative debate over how to address longer-term budget shortfalls is expected to resume when the General Assembly convenes in January.
veryGood! (65546)
Related
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- NFL will allow Eagles' Tush Push play to remain next season
- Viral ad campaign challenges perceptions for World Down Syndrome Day 2024
- What the DOJ lawsuit against Apple could mean for consumers
- Current, future North Carolina governor’s challenge of power
- Garland dismisses criticism that he should have altered Hur report as absurd
- Megan Thee Stallion to go on Hot Girl Summer Tour with rapper GloRilla: How to get tickets
- A Nashville guide for those brought here by Beyoncé: Visit these Music City gems
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- Facebook owner, Microsoft, X and Match side with Epic Games in Apple lawsuit
Ranking
- South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment
- Bus hijacked in downtown Los Angeles collides with several vehicles and crashes into a hotel
- Sen. Bob Menendez won't run in N.J. Democratic primary, may seek reelection as independent if cleared in bribery case
- Amazon's Spring Sale Includes Cute Athleisure & Athletic Wear That Won't Break a Sweat
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- I Shop Fashion for a Living, and These Are My Top Picks From Saks Fifth Avenue's Friends & Family Sale
- Tennessee becomes first state to pass a law protecting musicians against AI
- Detroit Lions release CB Cam Sutton after alleged domestic violence incident
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
'The spirits are still there': Old 'Ghostbusters' gang is back together in 'Frozen Empire'
Has anyone ever had a perfect bracket for March Madness? The odds and precedents for NCAA predictions
Appeals court orders judge to investigate juror bias claims in Boston bomber's trial
Former longtime South Carolina congressman John Spratt dies at 82
'The spirits are still there': Old 'Ghostbusters' gang is back together in 'Frozen Empire'
How to watch Angel Reese, LSU Tigers in first round of March Madness NCAA Tournament
Tennessee becomes first state to pass a law protecting musicians against AI