Senate President Bill Ferguson (D-Baltimore) has opposed broad-based tax proposals but billions in projected budget deficits have opened the door to some form of revenue policy changes, he said. File photo by Bryan P. Sears.
“Everything is on the table” when it comes to combating a budget gap analysts described as “enormous,” according to the leader of the Maryland State Senate.
Maryland faces a projected $2.7 billion deficit for fiscal 2026 that grows to almost $6 billion over a five-year period, according to budget analysts. Senate President Bill Ferguson (D-Baltimore) said the state has “important decisions ahead to protect” the state against what he called “severe uncertainty at the federal level” while balancing the state budget…