Md. revenue board cuts $280 million from forecast, warns more fiscal harm from fed uncertainty

Gov. Moore’s proposed tax breaks could mean service cuts in lower-income counties

ANNAPOLIS – Gov. Wes Moore plans to change how Marylanders take deductions on their state income taxes, but officials in some of the state’s poorest counties say that plan could force them to cut services.

Md. revenue board cuts $280 million from forecast, warns more fiscal harm from fed uncertainty

A key fiscal panel cut another $280 million from the state’s revenue projections Thursday, warning of an impending “unnecessary negative shock” to the state’s economy driven by expected federal budget and employment cuts. The updated projections from the Board of Revenue Estimates — lower than in December — come amid increased concern about federal budget and employment cuts and a looming potential shutdown. Treasurer Dereck Davis, one of three …

Fired federal workers could see relief under proposed Maryland bills

Maryland legislators push for legislation to provide resources for federal workers laid off by the Trump administration's budget cuts.

29,000 federal workers in Maryland are expected to lose their jobs, adding $280M to state budget hole

Maryland’s budget crisis took another $280 million hit on Thursday as officials said for the first time they expect the state to lose about 29,000 jobs under President Trump’s plans.

Maryland deficit widens by $280 million, worsening historic budget gap

Trump's federal layoffs are already affecting Maryland's budget plans

About 11,000 Maryland workers have already lost or are about to lose their jobs, and future actions could bring that number of job losses up to 28,000