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O'Malley to release state budget proposal

Wednesday - 1/15/2014, 7:16am  ET

ANNAPOLIS, Md. (AP) - Gov. Martin O'Malley is scheduled to release the state budget for the next fiscal year.

O'Malley has scheduled a news conference on Wednesday to talk about how the budget closes a budget shortfall.

The governor's office says the budget plan does not include new taxes or fee increases.

Maryland's general fund budget is about $16 billion for fiscal year 2015.

Maryland lawmakers will spend much of the legislative session working on the governor's budget proposal.


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