Maryland Budget Crisis Deepens, Sparks Tax Hike Debate

As tax receipts fall short, Democrats are divided on raising taxes to address multibillion-dollar deficits, with Governor Moore advocating for economic growth first.

• Maryland faces worsening budget problems with tax receipts missing estimates for the fifth consecutive time, leading to a $255 million shortfall.
• Democrats are divided on whether to raise taxes to cover multibillion-dollar deficit projections, with some advocating for tax increases on the wealthy and corporations.
• Governor Wes Moore and Senate leaders resist immediate tax hikes, emphasizing the need for economic growth before reshaping the tax code.
• The Senate Budget and Taxation Committee plans to balance the budget without new taxes, focusing on tolls and fees for transportation deficits.
• Public debate intensifies as Democrats in the House of Delegates push for action to fund education, climate change efforts, and transportation projects.

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