Mikenzie Frost

2 weeks ago | baltimoresun.com | Mikenzie Frost

2 weeks ago | foxbaltimore.com | Mikenzie Frost

The taxes and fees included in the budget plan the General Assembly passed will likely be felt by millions of Marylanders, according to several Republican lawmakers. Maryland's $3 billion budget deficit loomed over the State House largely for the entire 90-day legislative session, and on the final day, lawmakers gave the plan the final stamp of approval. The budget plan includes more than $2.5 billion in spending cuts, along with $1.6 billion in taxes.

2 weeks ago | foxbaltimore.com | Mikenzie Frost

After budget drama during the 2025 General Assembly Session, Gov. Wes Moore defended the plan that includes more than $1.5 billion in tax increases. Maryland's $3 billion budget deficit has loomed over the State House largely for the entire 90-day legislative session, and on the final day, lawmakers gave the plan the final stamp of approval. The budget plan includes more than $2.5 billion in spending cuts, along with $1.6 billion in taxes.

2 weeks ago | foxbaltimore.com | Mikenzie Frost

Maryland's $3 billion budget deficit has loomed over the State House largely for the entire 90-day legislative session, and on the final day, lawmakers gave the plan the final stamp of approval. The budget plan includes more than $2.5 billion in spending cuts, along with $1.6 billion in taxes. Republicans have railed against the tax increases and specifically took issue with the new 3% tech tax aimed at capturing nearly $490 million in revenue for the state's bottom line.

2 weeks ago | foxbaltimore.com | Mikenzie Frost

After weeks of negotiations, a budget conference committee agreed on a compromise plan that calls for more than $2 billion in program and spending cuts, along with more than $1 billion in tax increases. Members of the House and Senate conference committee went through pages of changes and adopted the compromise plan. The committee adopted a new $5 per tire tax to be levied at the time of purchase. The revenue generated will go to the dwindling Transportation Trust Fund.