Maryland students, education advocates raise concerns about proposed 2026 budget cuts
Maryland students and education advocates are expected to hold a rally Monday evening in opposition to potential cuts in the 2026 proposed budget.
The rally in Annapolis is being held on Crossover Day, known as one of the busiest days of the legislative session.
Rally organizers say Gov. Wes Moore's proposed budget includes cuts to education that would strip essential resources from schools and disproportionately impact students with the highest needs.
Gov. Moore's proposed budget aims to address a $2.7 billion deficit through spending cuts and tax increases for residents who earn more than $500,000 annually.
The budget would also increase taxes for sports betting and recreational cannabis, and would add a surcharge on deliveries from companies that make more than $500,000 per year.
During an
interview in January
, shortly after the proposed budget was introduced, Gov. Moore told WJZ the $2 billion in cuts will impact programs that are determined to be ineffective.
"There are certain programs that, as we looked at and really did deep dives, I question their efficacy," Gov. Moore said. "So you'll see certain programs, for example, certain tax credits, the enterprise tax credit is one. There's no evidence of efficacy that we have seen."
The governor also said there would be cuts to education programs that do not impact the state's Blueprint initiative and cuts to higher education spending.
Gov. Moore's proposed budget would cut $111 million from the
University System of Maryland
. The higher education system would get $2.21 billion in state funding, under the 2026 budget, down from $2.32 billion in 2025.
The system is comprised of 12 institutions and three regional centers. Gov. Moore predicts that tuition rates will increase by a projected 2.2% in 2026.
Under the proposed budget, local community colleges would receive $63.2 million.
The University of Maryland, Baltimore would receive $42.9 million for construction, and Towson University would receive $71.1 million for construction. Morgan State University would get $119.2 million for construction and other upgrades.
The budget also includes $8 million for projects at three private institutions.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CNBC
3 hours ago
- CNBC
Huawei chips are one generation behind U.S. but firm finding workarounds, CEO says
Huawei Technologies' chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday. The chipmaker invests 180 billion yuan ($25.07 billion) in research annually and sees promise in compound chips — chips made from multiple elements — Ren said in an interview with the People's Daily newspaper of the governing Communist Party. There is "no need to worry about the chip problem", Ren said, addressing concerns stemming from U.S. export controls. The article, published on the front page of the newspaper, comes as top U.S. and Chinese officials are set to resume trade talks for a second day in London, where topics such as U.S. tech restrictions on China are expected to be discussed. Since 2019, a slew of U.S. export curbs, aimed at curbing China's technological and military advancements, have restricted Huawei and other Chinese firms from accessing high-end chips and the equipment needed to produce them from abroad. Ren's comments are the first ever from him or Huawei about the company's advanced chipmaking efforts, which have become a flashpoint in U.S.-China tensions. Huawei is just one of many Chinese chipmakers, Ren said in the interview, adding: "The United States has exaggerated Huawei's achievements. Huawei is not that great. We have to work hard to reach their evaluation." "Our single chip is still behind the U.S. by a generation. We use mathematics to supplement physics, non-Moore's law to supplement Moore's law and cluster computing to supplement single chips and the results can also achieve practical conditions. Software is not a bottleneck for us," he said. Cluster computing is when multiple computers work together. Moore's law refers to the speed of chip advancement. Huawei's Ascend series of AI chips competes in China with offerings from Nvidia, the global leader in AI chips. The U.S. Commerce Department last month said the use of Ascend chips would be a violation of export controls. Nvidia's AI chips are more powerful than Huawei's, but the company has been barred by Washington from selling its most sophisticated chips to China, causing it to lose significant market share to Huawei. In April, Huawei launched "AI CloudMatrix 384", a system that links 384 Ascend 910C chips in a cluster that companies can use to train AI models, which has been described by analysts as able to outperform Nvidia's GB200 NVL72 system on some metrics. Dylan Patel, founder of semiconductor research group SemiAnalysis, said in an article that month that it meant that Huawei and China now had AI system capabilities that could beat Nvidia. Nvidia and the U.S. Commerce Department did not immediately respond to a request for comment on Ren's remarks. Ren also said about a third of Huawei's annual research spending went to theoretical research, while the rest was spent on product research and development. "Without theory, there will be no breakthroughs, and we will not catch up with the United States."
Yahoo
4 hours ago
- Yahoo
Huawei chips are one generation behind US but firm finding workarounds, CEO says
By Brenda Goh BEIJING (Reuters) -Huawei Technologies' chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday. The chipmaker invests 180 billion yuan ($25.07 billion) in research annually and sees promise in compound chips - chips made from multiple elements - Ren said in an interview with the People's Daily newspaper of the governing Communist Party. There is "no need to worry about the chip problem", Ren said, addressing concerns stemming from U.S. export controls. The article, published on the front page of the newspaper, come as top U.S. and Chinese officials are set to resume trade talks for a second day in London where topics such U.S. tech restrictions on China are expected to be discussed. Since 2019, a slew of U.S. export curbs, aimed at curbing China's technological and military advancements, have restricted Huawei and other Chinese firms from accessing high-end chips and the equipment needed to produce them from abroad. Ren's comments are the first ever from him or Huawei about the company's advanced chipmaking efforts, which have become a flashpoint in U.S.-China tensions. Huawei is just one of many Chinese chipmakers, Ren said in the interview, adding: "The United States has exaggerated Huawei's achievements. Huawei is not that great. We have to work hard to reach their evaluation." "Our single chip is still behind the U.S. by a generation. We use mathematics to supplement physics, non-Moore's law to supplement Moore's law and cluster computing to supplement single chips and the results can also achieve practical conditions. Software is not a bottleneck for us," he said. Cluster computing is when multiple computers work together. Moore's law refers to the speed of chip advancement. HUAWEI'S LAUNCHES Huawei's Ascend series of AI chips compete in China with offerings from Nvidia, the global leader in AI chips. The U.S. commerce department last month said the use of Ascend chips would be a violation of export controls. Nvidia's AI chips are more powerful than Huawei's but the company has been barred by Washington from selling its most sophisticated chips to China, causing it to lose significant market share to Huawei. In April, Huawei launched "AI CloudMatrix 384", a system that links 384 Ascend 910C chips in a cluster that companies can use to train AI models, which has been described by analysts as able to outperform Nvidia's GB200 NVL72 system on some metrics. Dylan Patel, founder of semiconductor research group SemiAnalysis, said in an article that month that it meant that Huawei and China now had AI system capabilities that could beat Nvidia. Nvidia and the U.S. commerce department did not immediately respond to a request for comment on Ren's remarks. Ren also said about a third of Huawei's annual research spending went to theoretical research while the rest was spent on product research and development. "Without theory, there will be no breakthroughs, and we will not catch up with the United States." ($1 = 7.1802 Chinese yuan)
Yahoo
4 hours ago
- Yahoo
Huawei chips are one generation behind US but firm is finding workarounds, CEO says
BEIJING (Reuters) -Huawei Technologies' chips are one generation behind those of U.S. peers but the firm is finding ways to improve performance through methods such as cluster computing, Chinese state media quoted CEO Ren Zhengfei as saying on Tuesday. The chipmaker invests 180 billion yuan ($25.07 billion) in research annually and sees promise in compound chips - or chips made from multiple elements - Ren said in an interview in the People's Daily newspaper of the governing Communist Party. The public comments are the first from Ren or Huawei about the firm's advanced chip manufacturing efforts. U.S. export controls since 2019 have prevented Huawei from accessing high-end chips and equipment to manufacture them. Huawei has since marketed its Ascend series of artificial intelligence chips which compete in China with offerings from U.S. rival Nvidia, the global leader in AI chips. The U.S. commerce department last month said use of Ascend chips would be a violation of export controls. Huawei is just one of many Chinese chipmakers, Ren said in the interview. "The United States has exaggerated Huawei's achievements. Huawei is not that great. We have to work hard to reach their evaluation," he said. "Our single chip is still behind the U.S. by a generation. We use mathematics to supplement physics, non-Moore's law to supplement Moore's law and cluster computing to supplement single chips and the results can also achieve practical conditions," he said. Cluster computing is when multiple computers work together. Moore's law refers to the speed of chip advancement. ($1 = 7.1802 Chinese yuan renminbi)
