Maryland board approves $82 million cut in state spending

ANNAPOLIS, Maryland — The Maryland Board of Public Works voted unanimously in favor of $82 million in cuts to state spending Wednesday in Annapolis. Republican Gov. Larry Hogan and Democratic board members Comptroller Peter Franchot and Treasurer Nancy Kopp agreed…

O’Malley’s Budget Targets Maryland’s Highest Earners

Gov. Martin O’Malley is proposing capping income tax deductions and rolling back income tax exemptions for Maryland’s highest earners as part of his plan to close the $1 billion hole in the state’s $14 billion operating budget.