Maryland could see another $430 million in targeted cuts as part of President Trump’s so-called “skinny” budget proposal, Senate President Bill Ferguson said Tuesday. A new analysis of the federal spending proposal includes hundreds of millions in reductions to low-income housing and energy assistance programs. This is on top of expected cuts to Medicaid. Trump’s proposed reductions are in addition to what Ferguson and others worry will be seismic changes to Medicaid spending and cost-sharing with the state.
State budget gap: The budget moves this year erased a projected $3 billion fiscal 2026 budget gap. Maryland lawmakers said they also shrank a similar projected deficit for fiscal 2027 from about $3 billion to an estimated $300 million. Those projections, however, do not consider other cuts that President Trump may impose.
