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O'Malley to Release State Budget Proposal

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    O'Malley to Release State Budget Proposal
    AP
    Maryland's governor Martin O'Malley (AP Photo/Jose Luis Magana)

    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.