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Robert Nusgart: Are we facing another doomsday clock?
In his State of the Union address, President Obama again asked Congress to consider legislation that will allow more homeowners to refinance mortgages that are currently higher than the value of their homes.
Trash, stormwater among proposed Baltimore budget fixes
Trash fees and storm-water credits are among the solutions for Baltimore's budget problems.
NIH faces automatic budget cuts
BETHESDA — Automatic spending cuts at the National Institutes of Health could cost the economy as many as many 100,000 jobs, Sen. Ben Cardin, D-Md., has warned. Across-the-board spending cuts will hit government agencies, including NIH, on March 1 if Congress is unable to reach a deal. The cuts, totaling $1.2 trillion over 10 years, […]
Rawlings-Blake says she’ll address budget shortfall, offers no specifics
Mayor Stephanie Rawlings-Blake said Wednesday she will use her annual State of the City address on Monday to announce steps aimed at averting a $745 million budget shortfall over the next 10 years.
Baltimore forecasts financial ruin
WASHINGTON — The Baltimore city government is on a path to financial ruin and must enact major reforms to stave off bankruptcy, according to a 10-year forecast the city commissioned from an outside firm. The Baltimore city government is on a path to financial ruin and must enact major reforms to stave off bankruptcy, according […]
GOP wants less optimistic pension rate
Republicans in the House of Delegates plan to introduce legislation that would force the state to calculate its expected rate of return on pension fund investments using federal requirements for businesses.
The Eye on Annapolis Podcast
The Eye on Annapolis Podcast returns with a look at agendas, both legislative and fiscal.
Eye Opener: Reaction to O’Malley’s budget mostly positive
A few government and politics headlines for Thursday.
$37.3B budget favors fracking study, biotech and cyber-security firms
Gov. Martin O’Malley’s roughly $37 billion budget proposal to the General Assembly includes an increase in the money allocated for some business-friendly tax credits, $1.5 million to pay for studies into the safety of hydraulic fracturing and puts the state “on the verge” of closing what was once a $1.7 billion structural deficit.
O’Malley’s budget will be ‘bare bones,’ Miller says
Senate President Thomas V. Mike Miller Jr. said Wednesday morning that Gov. Martin O'Malley's operating budget proposal will be reflective of a still-recovering economy and will not include any tax or fee increases.
Eye Opener: State lawmakers wary of increasing spending
A few government and politics headlines for Friday morning.
‘Fiscal cliff’ clouds budget process in Maryland
ANNAPOLIS — Maryland’s revenue projections are better than they’ve been in years. The state is on the verge of wiping out what was once a $2 billion budget deficit through cuts and tax increases, and it’s on track to reap financial benefits in future years from full-fledged casino gambling. Enter the so-called “fiscal cliff,” a […]
