State officials Friday announced a series of budget cuts they said could reduce spending by nearly $400 million in coming years.
Included in the reductions are $50 million in cuts that are part of the fiscal 2026 budget. The bulk of the savings — $326 million — would come over as many as 25 years as part of an effort to shift employees out of state-owned buildings and into commercial office space.
“While the federal government recklessly slashes budgets and lays off public servants, we are using data to save taxpayers money and modernize government in a targeted way,” Gov. Wes Moore Moore (D) said in a statement. “This announcement is only the beginning of our efforts. Together, we will continue to prioritize fiscal discipline and ensure we deliver essential services to all Marylanders, efficiently and effectively.”
Moore, in announcing his proposed 2026 budget in January, promised to find $50 million in savings. The effort was a small part of attacking what was then a projected $3.3 billion structural budget deficit.
Click here to read the rest of the article written by Bryan Sears over at Maryland Matters