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Governor’s recommended budget cuts next fiscal year’s structural deficit in half, but fiscal experts worry the one-time shifts only put off difficult budget decisions.
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The state is looking to change DDA policies bridge the deficit.
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The Governor is proposing $1.8 billion in cuts, cost shifts and transfers, but the state budget would still grow 0.8 percent over the current fiscal year.
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Maryland state government’s largest union and Moore failed to reach a collective bargaining agreement by the Dec. 31 deadline.
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Ferguson sat down with WYPR to discuss his policy priorities as Maryland’s annual legislative session kicks off in Annapolis.
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While new budget forecasts keep recent fiscal projections steady, student enrollment drops could provide Maryland some financial relief.
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The Board of Revenue Estimates predicts small revenue gains in the current and upcoming fiscal year, but federal economic uncertainty remains a concern.
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Maryland’s latest fiscal update projects a nearly $1.5 billion budget deficit next fiscal year, and the out years are shaping up to be worse.
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Gov. Wes Moore is freezing the hiring of new state employees, offering voluntary buyouts and planning to eliminate vacant jobs and possibly consolidate offices.
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Maryland Deputy Health Secretary Ryan Moran talks through Medicaid cut scenarios that reach far beyond those receiving care.