http://thedailyrecord.com Maryland's trusted source for business and legal news Fri, 24 May 2013 21:04:36 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://thedailyrecord.com/2013/05/24/obama-addressing-naval-academy-graduates-2nd-time/ http://thedailyrecord.com/2013/05/24/obama-addressing-naval-academy-graduates-2nd-time/#comments Fri, 24 May 2013 10:59:57 +0000 Associated Press http://thedailyrecord.com/?p=240439 WASHINGTON — With a growing sexual assault epidemic staining the military, President Barack Obama urged U.S. Naval Academy graduates Friday to remember their honor depends on what they do when nobody is looking and said the crime has “no place in the greatest military on earth.” The commander in chief congratulated the 1,047 midshipmen graduating [...]

]]> http://thedailyrecord.com/2013/05/24/obama-addressing-naval-academy-graduates-2nd-time/feed/ 0 http://thedailyrecord.com/2013/05/23/house-backs-variable-rate-student-loans/ http://thedailyrecord.com/2013/05/23/house-backs-variable-rate-student-loans/#comments Thu, 23 May 2013 18:56:06 +0000 Associated Press http://thedailyrecord.com/?p=240386 WASHINGTON — House lawmakers on Thursday approved legislation that links student loan rates to the ups and downs of the financial markets in spite of a veto threat from President Barack Obama. The Republican-backed the bill would allow students to dodge a scheduled rate hike for students with new subsidized Stafford loans next month, but [...]

]]> http://thedailyrecord.com/2013/05/23/house-backs-variable-rate-student-loans/feed/ 0 http://thedailyrecord.com/2013/05/17/obama-focusing-on-job-creation-in-baltimore-visit/ http://thedailyrecord.com/2013/05/17/obama-focusing-on-job-creation-in-baltimore-visit/#comments Fri, 17 May 2013 11:39:21 +0000 Associated Press http://thedailyrecord.com/?p=239994 President Barack Obama tried on Friday to leave behind the political battles that have overshadowed his second-term agenda, saying lawmakers should work on creating more middle-class jobs in the slowly growing economy. “Our work is not done, and our focus cannot drift,” Obama said. Obama’s jobs tour took him to Baltimore after riding through one [...]

]]> http://thedailyrecord.com/2013/05/17/obama-focusing-on-job-creation-in-baltimore-visit/feed/ 0 http://thedailyrecord.com/2013/05/03/states-fear-loss-of-health-care-aid-2/ http://thedailyrecord.com/2013/05/03/states-fear-loss-of-health-care-aid-2/#comments Fri, 03 May 2013 18:54:21 +0000 Associated Press http://thedailyrecord.com/?p=239040 WASHINGTON — Thousands of people with serious medical problems are in danger of losing coverage under President Barack Obama’s health care overhaul because of cost overruns, state officials say. At risk is the Pre-Existing Condition Insurance Plan, a transition program that’s become a lifeline for the so-called “uninsurables” — people with serious medical conditions who [...]

]]> http://thedailyrecord.com/2013/05/03/states-fear-loss-of-health-care-aid-2/feed/ 0 http://thedailyrecord.com/2013/04/26/economy-accelerates-at-2-5-percent-rate-in-q1/ http://thedailyrecord.com/2013/04/26/economy-accelerates-at-2-5-percent-rate-in-q1/#comments Fri, 26 Apr 2013 14:14:26 +0000 Associated Press http://thedailyrecord.com/?p=238524 WASHINGTON — After nearly stalling in late 2012, the American economy quickened its pace early this year despite deep government cutbacks. The strongest consumer spending in two years fueled a 2.5 percent annual growth rate in the January-March quarter. The question is: Can it last? Federal spending cuts, higher Social Security taxes and cautious businesses [...]

]]> http://thedailyrecord.com/2013/04/26/economy-accelerates-at-2-5-percent-rate-in-q1/feed/ 0 http://thedailyrecord.com/2013/04/24/white-house-open-to-flexibility-in-faa-cuts/ http://thedailyrecord.com/2013/04/24/white-house-open-to-flexibility-in-faa-cuts/#comments Wed, 24 Apr 2013 19:56:45 +0000 Associated Press http://thedailyrecord.com/?p=238372 WASHINGTON — The White House now says it’s willing to consider legislation that would give the administration the budget-cutting flexibility to avoid furloughs of air traffic controllers. Those furloughs could result in widespread air traffic delays. White House spokesman Jay Carney says that if Congress wants to address the effect of automatic spending cuts on [...]

]]> http://thedailyrecord.com/2013/04/24/white-house-open-to-flexibility-in-faa-cuts/feed/ 0 http://thedailyrecord.com/2013/04/22/white-house-obama-backs-internet-sales-tax-bill/ http://thedailyrecord.com/2013/04/22/white-house-obama-backs-internet-sales-tax-bill/#comments Mon, 22 Apr 2013 18:57:06 +0000 Associated Press http://thedailyrecord.com/?p=238185 WASHINGTON — The White House says President Barack Obama supports a bill to give states more authority to collect sales tax from Internet retailers. White House spokesman Jay Carney says the Senate bill would level the playing field for small businesses and brick-and-mortar retailers that are undercut by online companies. Carney says that governors and [...]

]]> http://thedailyrecord.com/2013/04/22/white-house-obama-backs-internet-sales-tax-bill/feed/ 0 http://thedailyrecord.com/2013/04/19/poll-public-pessimism-on-economy-is-increasing/ http://thedailyrecord.com/2013/04/19/poll-public-pessimism-on-economy-is-increasing/#comments Fri, 19 Apr 2013 12:33:52 +0000 Associated Press http://thedailyrecord.com/?p=238052 WASHINGTON — For the third year in a row, the nation’s economic recovery has hit a springtime soft spot. Reflecting that weakness, only 1 in 4 Americans now expects his or her own financial situation to improve over the next year, a new Associated Press-GfK poll shows. The sour mood is undermining support for President [...]

]]> http://thedailyrecord.com/2013/04/19/poll-public-pessimism-on-economy-is-increasing/feed/ 0 http://thedailyrecord.com/2013/04/17/first-lady-praises-md-bill-meant-to-help-veterans/ http://thedailyrecord.com/2013/04/17/first-lady-praises-md-bill-meant-to-help-veterans/#comments Wed, 17 Apr 2013 19:31:39 +0000 Associated Press http://thedailyrecord.com/?p=237883 ANNAPOLIS — First lady Michelle Obama praised a Maryland bill that helps veterans and their spouses find jobs, describing it Wednesday as one of the best laws in the country aimed at helping military personnel and their families. The Veterans Full Employment Act, signed Wednesday by Gov. Martin O’Malley at a ceremony attended by the [...]

]]> http://thedailyrecord.com/2013/04/17/first-lady-praises-md-bill-meant-to-help-veterans/feed/ 0 http://thedailyrecord.com/2013/04/05/official-obama-proposes-cuts-to-social-security/ http://thedailyrecord.com/2013/04/05/official-obama-proposes-cuts-to-social-security/#comments Fri, 05 Apr 2013 14:25:33 +0000 Associated Press http://thedailyrecord.com/?p=237100 WASHINGTON — President Barack Obama’s proposed budget will call for reductions in the growth of Social Security and other benefit programs while still insisting on more taxes from the wealthy in a renewed attempt to strike a broad deficit-cutting deal with Republicans. The proposal aims for a compromise on the Fiscal 2014 budget by combining [...]

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