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Maryland Closes $3.3 Billion Budget Gap with Spending Cuts and Tax Increases
Maryland lawmakers addressed a $3.3 billion budget shortfall by implementing spending cuts of approximately $2 billion and tax increases generating roughly $1.6 billion in revenue; new taxes target high-income earners and specific services.
Maryland Closes $3.3 Billion Budget Gap with Spending Cuts and Tax Increases
Maryland lawmakers addressed a $3.3 billion budget shortfall by implementing spending cuts of approximately $2 billion and tax increases generating roughly $1.6 billion in revenue; new taxes target high-income earners and specific services.
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