Budget

Revenues will come in $53 million less than projected, state board says

ANNAPOLIS, Maryland — The Maryland Board of Revenue Estimates voted Wednesday to reduce the state’s revenue projections for fiscal year 2018 by $53 million — a 0.3 percent decrease from previous estimates. The board also estimated revenues for fiscal year…

Hogan’s $61 million in budget cuts given seal of approval

The Maryland Board of Public Works approved $61 million in budget cuts from Gov. Larry Hogan after restoring cuts in aid to lower-income jurisdictions.

Trump’s defense plan would have mixed impact on Maryland

WASHINGTON – President Donald Trump’s proposed 2018 federal budget could be a boost to Maryland’s sprawling defense industry but negatively affect the state’s economy in other areas, according to analysts. The administration’s so-called “skinny budget,” unveiled in March, seeks to…

Black colleges face huge hit in Trump budget

WASHINGTON – President Donald Trump’s so-called “skinny budget” proposes spending cuts that could have a severe impact on black colleges, according to advocates for those institutions.

Trump budget plan draws mostly negative reviews among Maryland lawmakers

WASHINGTON — Maryland Democrats on Thursday voiced their displeasure with the Trump administration’s budget proposals, citing federal cuts to Chesapeake Bay cleanup efforts, the Appalachian Regional Commission and the National Institutes of Health. “The Trump budget is great if you…

Maryland has a budget problem — but no one can agree on why

Despite Maryland’s apparent prosperity, the state has a perennial budget problem.

Analyst: Md. could lose $1.4 billion under health care repeal

A federal repeal of the national health care law could cost Maryland $1.4 billion in the 2018 fiscal year, state budget analysts said Tuesday.

Gov. Hogan releases 2018 fiscal year budget proposal

ANNAPOLIS, Maryland — Gov. Larry Hogan, a popular Republican governor, released detailed budget numbers to the Democrat-controlled General Assembly Wednesday morning. In a preview Tuesday, the governor touted that his proposed budget would decrease general fund spending. Indeed, details released…

Gov. Larry Hogan touts smaller Maryland budget, no ‘serious cuts’

ANNAPOLIS, Maryland — Maryland Gov. Larry Hogan announced that his 2018 budget proposal includes less spending, in real dollars, than last year’s budget but includes “no serious cuts to any agencies or programs” and no new taxes. The governor said…

Maryland’s growing older inmate population presents challenges to correctional system

BALTIMORE, Md. – Maryland, like nearly every other state, is seeing an upward tick in its aging population behind bars. A report by the Maryland Department of Legislative Services finds that prisoners aged 51 and older is the only age…