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Gov. Moore talks budget, taxes, and Maryland’s future

FILE - Maryland Gov. Wes Moore smiles during his State of the State address in Annapolis, Md., Wednesday, Feb. 7, 2024. Gov. Moore testified Tuesday, Feb. 20, 2024, in support of measures aimed at making housing more affordable and protecting renters, some of the governor's top priorities this legislative session. (AP Photo/Steve Ruark, File)
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FR96543 AP
FILE - Maryland Gov. Wes Moore smiles during his State of the State address in Annapolis, Md., Wednesday, Feb. 7, 2024. Gov. Moore testified Tuesday, Feb. 20, 2024, in support of measures aimed at making housing more affordable and protecting renters, some of the governor's top priorities this legislative session. (AP Photo/Steve Ruark, File)

Baltimore, Md — Governor Wes Moore discusses Maryland’s $67 billion budget which addresses a $3.3 billion deficit through $2.5 billion in cuts and tax increases.

Under the proposal, high-income earners will contribute more, while the middle class will benefit from tax relief.

The budget makes historic investments in public education and public safety—two priorities that directly impact Maryland families and communities.

Governor Moore also highlights the importance of supporting federal workers and small businesses by streamlining procurement processes and implementing regulatory reforms.

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