O'Malley To Release Budget For Next Fiscal Year - 47 ABC - Delmarva's Choice

O'Malley To Release Budget For Next Fiscal Year

Posted: Updated:

ANNAPOLIS, Md. (AP) - Gov. Martin O'Malley is scheduled to discuss his plans for Maryland's budget.
    
The governor's office is releasing the budget for fiscal year 2014 on Wednesday. Lawmakers will work on the budget proposal for most of the session, which began last week.
    
Maryland has made budget cuts and increased taxes to help put the state on better financial footing in recent years. The state is getting close to eliminating an ongoing deficit that had been as high as $2 billion.
    
However, the state is still waiting to see what happens in Washington, as Congress wrestles with deep spending cuts in coming weeks. Federal budget cuts can have a big impact on Maryland, due to the state's proximity to the nation's capital.

 

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • ContestsMore>>

  • Skybox Giveaway - August 11

    Skybox Giveaway - August 11

    Win a SkyBox for you and 24 of your closest family and friends!More >>
    Win a SkyBox for you and 24 of your closest family and friends!
    More >>
  • Midway Speedway Giveaway

    Midway Speedway Giveaway

    Thursday, June 26 2014 7:57 AM EDT2014-06-26 11:57:18 GMT
    Enter to win a Midway Speedway Four Person Park Pass This includes all day at the waterpark, four choice tickets (good for any ride or attraction) and a round of fire mountain golf. Rules No purchaseMore >>
    Enter to win a Midway Speedway Four Person Park Pass This includes all day at the waterpark, four choice tickets (good for any ride or attraction) and a round of fire mountain golf. Rules No purchaseMore >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.