Gov. Moore is aiming to produce $50 million in savings for the state in the current fiscal year. And that's on top of his plan for $2 billion in cuts.
At the start of his administration, Moore issued a goal to rebuild the state government workforce, which shriveled under former Gov. Larry Hogan, a Republican.
Maryland Gov. Wes Moore has included higher income tax rates for taxpayers who make more than $500,000 in his budget plan, as well as about $2 billion in budget cuts to address a $3 billion deficit.
Gov. Wes Moore is entering the two-year period leading up to his reelection bid with nearly $5 million in campaign cash after stepping up his fundraising efforts in 2024, which also included raising millions for other Democratic candidates,
The first storm is a fiscal crisis nearly a decade in the making. Under the former administration, state spending increased by 70% in the seven years before I took office, while our economic growth flatlined.
None of these things are easy. All of them are necessary,” Maryland Gov. Wes aMoore said in a news conference unveiling his plan.
Governor Wes Moore says 82% of Marylanders will see a cut or no change in their taxes, while the richest 18% will see increases. He did not say how much that increase will be.
Without selling the tax increases that the governor unveiled in his $67 billion budget proposal on Wednesday, Moore faces making even deeper cuts to balance the state’s finances.
Gov. Wes Moore Wednesday proposed a budget he said will promote long-term economic growth and provide tax cuts to many, but it will be  balanced on tax increases on high-income earners in the state.
Gov. Wes Moore (D), who stumped across the country for Democratic candidates up and down the ballot in 2024, raised almost $4 million for his state campaign account over the past year — often when he was on out-of-town trips.
Maryland Governor Wes Moore announced his proposed plan to combat the budget crisis.The state faces a multi-billion dollar budget deficit for the fisc
Gov. Wes Moore is set to propose $2 billion in cuts to the state's budget.Maryland's Governor announced his intention at a summit at Eye On Annapolis on Wednesd