Maryland’s state budget grows more grim with a new projection of $280 million added to the shortfall in expected revenue for 2025 and 2026. The state’s deficit for 2026 could balloon to $3.2 billion, with some officials warning it may reach $6 billion by 2030. The driving force behind this crisis - federal job and grant cuts.
As the Maryland General Assembly and Governor Wes Moore negotiate to balance the fiscal 2026 budget, the stakes are high. The impact of these financial constraints is exacerbated by proposals from the Trump Administration and congressional Republicans to overhaul entitlement programs such as Medicaid, SNAP, and potentially Social Security. Adding to the uncertainty ...
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