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deficit

May 21, 2012

Economists more upbeat about job growth, housing

NEW YORK — A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain […]

Apr 9, 2012

Panel OKs budget with cuts, tax hike

ANNAPOLIS — A panel of Maryland lawmakers reached agreement Monday night on a package of budget measures that include an income tax increase on residents who make more than $100,000, […]

Apr 9, 2012

Lawmakers bicker over blame for budget impasse

ANNAPOLIS — A leading Senate budget negotiator expressed frustration Monday that House conferees were not meeting senators halfway in last-minute budget talks. But the House speaker suggested the Senate had […]

Apr 7, 2012

Panel makes progress on income tax hikes

ANNAPOLIS — With time running short, a panel of Maryland lawmakers made progress on Saturday on proposals to raise income taxes for people who make more than $100,000. As lawmakers […]

Mar 16, 2012

House of Delegates panel to make budget decisions

ANNAPOLIS — The House Appropriations Committee is working on Maryland budget legislation. To start a long day of budget labors on Friday, Delegate Norman Conway, D-Wicomico, announced that a proposal […]

Mar 8, 2012

Committee vote on budget expected Thursday

The Senate Budget and Taxation Committee will vote Thursday afternoon on a budget bill to send to the chamber floor. Senate subcommittees are slated to report to the committee at […]

Mar 8, 2012

Panel to make decisions on Maryland budget

ANNAPOLIS — A Senate committee will begin making decisions about adjustments to Gov. Martin O’Malley’s proposed budget legislation. The Senate Budget and Taxation Committee will meet Thursday afternoon to consider […]

Mar 1, 2012

State Senate explores repeal of 1997 tax cut

ANNAPOLIS — Senate President Thomas V. Mike Miller says senators are exploring a bill that proposes to repeal a Maryland tax cut approved in 1997 to help balance the budget. […]

Feb 7, 2012

Bernanke: Job market remains weak despite gains

WASHINGTON — Ben Bernanke says the job market isn’t as strong as the steadily declining unemployment rate might suggest. Responding to questions at a Senate hearing Tuesday, he noted that […]

Jan 6, 2012

Top 5: ‘It was just so blatantly unfair to do what they did’

An IPO splash by a Baltimore tech company and a look at the upcoming General Assembly legislative session are among the most-read business stories of the week. But news of […]

Jan 5, 2012

$1.1B deficit, gas tax, gambling to dominate General Assembly

With many long-simmering issues likely to come to a boil this year, lawmakers face a legislative session that will be dominated by Maryland’s lingering fiscal woes and an agenda full […]

Nov 28, 2011

Fitch keeps AAA US credit rating but dims outlook

WASHINGTON — Fitch says it will keep its rating for long-term U.S. debt at the top AAA level, despite a congressional panel’s failure to agree on long-term deficit cuts. But […]