News
8:47 am
Wed May 9, 2012

Top Maryland State Leaders on Special Session to Close Budget Deficit

 

ANNAPOLIS, Md. (AP) - Gov. Martin O'Malley and leading lawmakers are set to discuss Maryland's upcoming special legislative session.

The Democratic governor agreed to call the special session after the Democratic-led legislature failed to agree on a budget, triggering more than $500 million in cuts.

The House and Senate are expected to use the session to push through an income tax increase that would eliminate the need for the cuts, which would largely affect education and social services.

During the regular session, House members wanted to limit income tax hikes to wealthy residents, while Senate leaders preferred spreading the increases across multiple tax brackets.

The special session begins Monday. O'Malley, Senate President Thomas V. Mike Miller and House Speaker Michael Busch will offer a preview at a news conference Wednesday.