Skip to content
NFIB Logo Join Now

Governor Wes Moore Warns of Looming Budget Deficits

Governor Wes Moore Warns of Looming Budget Deficits

September 6, 2023 Last Edit: June 5, 2025

Reports of $1 billion shortfall in years ahead

Governor Wes Moore Warns of Looming Budget Deficits

Maryland Governor Wes Moore warned local officials about the projected budget deficits the state faces in future years as they gathered in Ocean City for the Maryland Association of Counties’ annual summer gathering last month. His remarks focused on the need for fiscal discipline and strategic investment of state dollars in the years ahead. Reports from the Department of Legislative Services project deficits exceeding $1 billion by 2028. Analysts highlighted the multi-billion-dollar overhaul of the state’s public education system as a key driver in the projected deficits. Lawmakers are required to pass a balanced budget each year they meet during their annual 90-day legislative session. The next one begins January 10, 2024.
Get to know NFIB

NFIB is a member-driven organization advocating on behalf of small and independent businesses nationwide.

Receive our newsletter and email notification
Knowledge is power. Let us help you stay informed with breaking legislative news, regulatory updates, business tips, and more.

Related Articles

Related
June 24, 2026
Vermont School Governance Reform and Property Tax Relief
Next steps in school governance reform will impact future property tax bills.
Read More
Related
June 24, 2026
Illinois Department of Revenue Proposes Revised Sales & Use Tax Rules
Proposed rulemaking deals with “destination sourced” sales in Illinois
Read More
Split-screen live news: female anchor left, man in vest right; economy alert banner and stock ticker visible at bottom.
Related
June 23, 2026
West Virginia Small Business Owner Joins NewsNation to Discuss 20% Small Business Deduction
Watch NFIB Michael Ervin on NewsNation.
Read More
Split-screen live news: female anchor left, man in vest right; economy alert banner and stock ticker visible at bottom.
Related
June 22, 2026
VIDEO: On NewsNation, NFIB Member Discusses How 20% Small Business Deduction Has Provided Certainty For Small Businesses
WASHINGTON, D.C. (June 22, 2026) – West Virginia small business owner and NFIB member Michael Ervin joined Markie Martin on NewsNation Thursday to discuss the …
Read More

© 2001 - 2026 National Federation of Independent Business. All Rights Reserved. Terms and Conditions | Privacy Policy | Accessibility