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Some taxpayers celebrating; CareFirst subscribers blue
For some 55,000 Maryland taxpayers, it was a very good week. For some 1.1 million CareFirst health insurance subscribers, definitely not. The U.S. Supreme Court Monday struck down Maryland’s law […]
Obama expands student-loan relief to pre-2007 borrowers
Dubbing it a "no-brainer," President Barack Obama expanded a program Monday capping monthly student loan payments for 5 million more borrowers at an unknown cost to taxpayers.
Shutdown delays tax filing season by 10 days
WASHINGTON — Taxpayers eager to get refunds will have to wait an extra 10 days to file their federal tax returns. The Internal Revenue Service said Wednesday the government shutdown […]
IG: Undervalued coal leases cost U.S. $62 million
BILLINGS, Mont. — A government report says leases on publicly owned coal are undervalued and have cost the U.S. $62 million in potential lost revenues. Tuesday’s report from the Department […]
Hilton deal costing taxpayers $2 million in 2013
The city’s top fiscal manager said Thursday that debt restructuring could be part of a new economic strategy for the city-owned Hilton Baltimore as hotel revenues continue to underperform.
IRS extends deadline for storm-hit taxpayers
WASHINGTON — The IRS is giving taxpayers and tax preparers hit by Hurricane Sandy an extra week to file returns and make payments. The tax agency says the relief will […]
Gov’t bars Fannie-Freddie from reducing principal
WASHINGTON — A federal regulator is standing by its decision to bar Fannie Mae and Freddie Mac from reducing principal for borrowers at risk of foreclosure, resisting pressure from the […]
Hilton’s $11.5M loss mostly from depreciation
While the city-owned Hilton Baltimore Convention Center Hotel lost $11.5 million last year, development officials stressed that the loss is not coming down to taxpayers. “The hotel to date… has […]
Freddie Mac naming ex-E*Trade head as new CEO
WASHINGTON — Mortgage giant Freddie Mac is naming the former head of E*Trade Financial Corp. as its new CEO. Donald Layton, 62, is expected to be named next Freddie’s chief […]
House of Delegates passes offshore wind bill
ANNAPOLIS — The Maryland House of Delegates voted 88-47 on Friday for a scaled-back measure to help develop offshore wind off the coast of Ocean City in as soon as […]
Army drops plan for Fort Detrick animal biodefense lab
FREDERICK — The Army says it is dropping plans for a high-security animal laboratory at Fort Detrick in Frederick that would have been used for public and private research on […]
Cap plan alarms Maryland real estate agents
ANNAPOLIS — Maryland real estate agents expressed alarm Wednesday at Gov. Martin O’Malley’s proposal to cap state income tax deductions for people who make more than $100,000, a change that […]
