Negotiations for Maryland’s state budget are currently taking place in Annapolis to address a $3 billion deficit. Governor Wes Moore has proposed cuts to education funding, but these plans were rejected by the House. In response, Democrats suggested increasing income taxes for higher-income Marylanders or implementing new taxes on sodas and business-to-business transactions. However, Gov. Moore has rejected these proposals. The final decision on how to address the deficit is expected to be announced tomorrow. Stay tuned for updates on Maryland’s budget and how it will impact residents in the state.
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