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No new details on additional cuts in Maryland’s latest ‘budget framework’

Maryland's proposed budget includes over $1.6 billion in tax increases for individuals and businesses, as approved by the House committees.
The budget framework outlines a new 3% technology tax on business-to-business services, expected to raise approximately $497 million in revenue.
Mary Kane, president and CEO of the Maryland Chamber of Commerce, expressed concern that taxing businesses could harm the state's business environment.
The governor's office indicated that the $500 million in spending cuts will be detailed as the budget progresses through the legislative process.

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Tax Foundation

Lean Right

Maryland Shouldn’t Mandate Worldwide Combined Reporting Through the Backdoor

Maryland’s proposed budget has garnered headlines for many reasons, but another momentous change is flying under the radar: backdoor adoption of potentially mandatory worldwide combined reporting.

8 days ago

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MarylandReporter.com

Lean Right

State Roundup: Details of budget framework limited, with few exceptions, despite shortfall, filling state vacancies a priority

DETAILS OF STATE BUDGET FRAMEWORK LIMITED, WITH FEW EXCEPTIONS: Details about the budget framework agreement between Gov. Wes Moore and the Maryland General Assembly leadership are still limited, leaving many questions unanswered. An informational handout provided to House Ways and Means and Appropriations Committee members failed to give detailed insight into the proposed budget cuts — and more than two dozen proposed tax increases — that the g…

8 days ago

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MyEasternShoreMD

Center

Freedom Caucus responds to 'tax cuts'

The Maryland Freedom Caucus has analyzed Governor Wes Moore's highly guarded and seemingly secretive budget proposal. Like his first attempt, it is riddled with misleading information and fabrications.

8 days ago

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The Baltimore Banner

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Live coverage: Lawmakers want to get budget, Blueprint across the finish line

The General Assembly heads into its penultimate week with the biggest ticket items on the agenda: A state budget that could add $1.6 billion in new taxes and other revenues and revisions to the Blueprint for Maryland’s Future, the state’s ambitious — and expensive — plan intended to improve public schools. Lawmakers and Gov. Wes Moore agreed on broad strokes of a budget plan last week, but still need to work out some of the details.

9 days ago

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The Daily Gazette

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Center

Gov. Wes Moore talks Democratic Party struggles on Fox News Sunday as Maryland works on $3.3B deficit

As his Democratic Party struggles to win back working-class Americans, Maryland Gov. Wes Moore talked on "Fox News Sunday" about voters’ frustrations — including a viral moment involving his constituent at a town hall. A woman recently shouted during one…

10 days ago

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The Southern Maryland Chronicle

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Counties Face New Costs in State Budget Proposal - The Southern Maryland Chronicle

ANNAPOLIS, Md. — The Maryland House of Delegates advanced a budget plan on March 23, 2025, that mitigates some proposed cost shifts to county governments while still imposing significant new financial burdens. The Budget Reconciliation and Financing Act (BRFA) of 2025, now headed to the Senate, addresses a $3.3 billion state shortfall through a mix of over $1 billion in new tax revenue, budget cuts, and cost transfers to local governments. Count…

10 days ago

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