The Governor and legislative leaders have put forth a broad spending plan that includes over $1 billion in new taxes and an estimated $2.5 billion in budget cuts to cover an estimated $3 billion deficit in fiscal year 2026. The budget plan will leave a reserve for fiscal year 2027 and includes “federal spending triggers” [...]
Maryland Senate President Bill Ferguson has presented a stark menu of potential $1 billion in budget cuts as lawmakers grapple with the state's fiscal challenges. Confronted with a $3 billion structural deficit and lower-than-expected revenues. Ferguson laid out ten possible cuts, each around $100 million, that include reducing Medicaid coverage, cutting food assistance to nearly [...]
Maryland’s economy is facing potential turbulence due to federal job reductions and spending cuts, according to a recent Moody’s Ratings report. Senate President Bill Ferguson (D-Baltimore) cautioned that the state must prepare for what he termed a “Maryland recession,” given its heavy reliance on federal employment and funding. “This will be acutely felt by the [...]
Maryland legislators are considering a proposed bill to expand the state’s sales tax to certain business-to-business services, a measure that could generate approximately $1 billion in revenue, according to House bill sponsor Delegate David Moon (D). The proposed 2.5% tax, also cross-filed in the Senate by Senator Shelly Hettleman (D-Baltimore County), would apply to services [...]
Courtesy of the Comptroller's Office Maryland’s economic outlook took a significant hit this week as the Board of Revenue Estimates reduced revenue projections by $280 million. The revised forecast is below the December 2024 projections. While this size of decline is typically within the norm, state officials are bracing for significant economic impact [...]
The Administration’s bill to constrain funding associated with the Blueprint for Maryland’s Future, HB 504 – Excellence in Maryland Public Schools Act, was debated on the House floor this week after the House Appropriations and Ways and Means Committees voted to reject many of Governor Wes Moore’s proposed changes. Both committees restored funding allocated to [...]
Courtesty: Governor's Office The Moore Administration announced this week that Dr. Laura Herrera Scott will leave her post as Secretary of the Maryland Department of Health at the end of the month. Meena Seshamani, a veteran of the Biden and Obama Administrations, will replace Secretary Herrera Scott. Seshamani served as Deputy Administrator of [...]
Yesterday evening the Maryland Government Relations Association (MGRA) held their annual awards reception. The MGRA announced the award winners for the George N. Manis Lifetime Achievement Award, an award named in honor of our firm’s co-founder George N. Manis. MGRA recognizes honorees for their “exemplary contributions and career in government relations in Maryland.” Furthermore, this [...]
The Legislative Black Caucus of Maryland has shared their agenda for the 2025 legislative session, targeting six priority topics. These categories are health, housing, education, wealth, public safety, and justice reform. The Black Caucus’ agenda focuses strongly on laying their foundation for solutions to the systemic challenges that affect black Marylanders. From engaging with the [...]
Governor Wes Moore presented his proposed Fiscal Year 2026 state budget for the Moore-Miller Administration this week. With a clear goal to encourage economic growth and manage the state’s $2.7 billion deficit, Gov. Moore’s proposal includes a plan to generate economic growth in Maryland and tax code reforms. These tax code reforms will increase individual [...]
