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Maryland's 2027 Budget Will Not Raise Taxes or Fees, Gov. Wes Moore Says

The plan closes a nearly $1.4 billion shortfall with cuts and reallocations while boosting education, law enforcement and energy spending.

  • Maryland Governor Wes Moore signed the state's nearly $70.8 billion fiscal year 2027 budget on Wednesday, April 8, 2026, closing a projected $1.4 billion shortfall without raising taxes or fees.
  • Senate President Bill Ferguson and House Speaker Joseline Pena-Melnyk joined Moore in finalizing the agreement after months of legislative negotiations to craft what leaders called a "statement of values and priorities."
  • Under the budget, public schools receive $10.2 billion, law enforcement receives $124 million, and $100 million funds utility fee relief, while the state maintains $2.2 billion in the Rainy Day Fund.
  • House Minority Leader Jason Buckel criticized the spending plan as an election-year budget failing to address structural problems, arguing it contains provisions that "any Republican" would dislike.
  • Projections indicate the state's shortfall could grow to nearly $4 billion by 2030 without action, as lawmakers acknowledge upcoming "out years" will present tougher fiscal challenges ahead.
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abc 7 WJLA broke the news in Washington, United States on Wednesday, April 8, 2026.
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