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$3 billion budget deficit looms as legislators return to Annapolis
The budget is all anyone's talking about in Annapolis. Maryland faces a $3 billion dollar budget shortfall and people want to know how Governor Wes Moore and state lawmakers will balance it. The governor announced he has a plan to make $2 billion in cuts -- but didn't provide details.
Maryland faces $3B deficit as leaders tackle budget challenges in Annapolis
Maryland state senators and delegates always celebrated their return to Annapolis, but this year, there is a decidedly dark mood around the state house.
Maryland lawmakers convene with $3B deficit and uncertainties over incoming Trump administration
Maryland lawmakers are bracing for a fiscally challenging legislative session. The 90-day session begins Wednesday.
Maryland faces major budget cuts amid $3B budget deficit
Maryland Gov. Wes Moore has warned that massive budget cuts are on the way as state lawmakers try to solve a $3 billion budget gap. He told Maryland residents Wednesday to brace themselves for $2 billion worth of cuts in his soon-to-be-released budget.
With a $3 billion deficit, Maryland lawmakers look to tighten spending
"We can not deny our difficult fiscal realities," Democratic State House Speaker Adrienne Jones said on Wednesday.
Maryland General Assembly begins session facing $2.7B deficit
Maryland lawmakers face an historic budget deficit when the next session of the General Assembly begins Wednesday, and it could impact taxes and services. The deficit is projected to be $2.7 billion.
Maryland Lawmakers Confront $3 Billion Deficit in Legislative Session
Maryland lawmakers are preparing to tackle a range of pressing issues as the state’s legislative session kicks off in Annapolis on Wednesday. With a looming budget deficit and potential challenges posed by federal workforce reductions,
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US trade deficit with Vietnam soars beyond $110 billion, as weak dong boosts exports
The U.S. trade deficit with Vietnam exceeded $110 billion in the first 11 months of 2024, latest U.S. figures show, as ...
1d
on MSN
Trump Aims at a Lower Trade Deficit. He’s Likely to Miss, Again.
Plans for tariffs and tax cuts are likely to worsen the U.S. trade balance, Desmond Lachman writes in a guest commentary.
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on MSN
US Trade Deficit Widens on Largest Jump in Imports Since 2022
The US trade deficit widened in November, reflecting the biggest jump in imports since March 2022 as companies accelerated ...
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on MSN
Trump and his tariffs are set to collide with a widening U.S. trade deficit. There’s no quick fix.
The U.S. trade deficit rose 6% to nearly $80 billion near the end of 2024, leaving Donald Trump with a gap that’s almost ...
1d
on MSN
Newsom floats $322 billion budget that would pull California out of deficit
Gov. Gavin Newsom’s proposal included a $228.9 billion general fund that would rely on $17 billion in reserves ...
2d
on MSN
Gov. Gavin Newsom announced a $322.2 billion budget with no deficit. Here’s what’s in it
California no longer faces a budget deficit, Gov. Gavin Newsom said Monday, two months after budget officials projected a $2 ...
1d
Canada posts nine straight months of trade deficit, surplus with US widens
Canada recorded a ninth consecutive monthly trade deficit in November, albeit smaller than expected, as exports rose faster ...
2d
on MSN
After 2 years of shortfalls, California governor proposes $322B budget with no deficit
California Gov. Gavin Newsom has proposed a $322 billion budget without a deficit. It’s a welcome change after two years of ...
16h
on MSN
CEO confirms school trust faces £1.2m deficit
The leader of an educational trust has confirmed that a £1.2m deficit across the accounts of three schools was discovered ...
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