Maryland
Budget gap (as a % of the total budget): 7.2%
Gap: $1.1 billion
Maryland enacted a $1.35 billion tax increase in late 2007, which (along with $277 million in budget cuts passed by the General Assembly) is designed to help address the state's deficit. However, a continuing economic weakness has led to an additional $270 million gap, which is likely to be addressed by further spending cuts.
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