Sign In
Free Newsletter
O’Malley wants to short pensions to fund budget
A proposal to reduce reinvestments to the Maryland State Retirement and Pension System could ultimately cost taxpayers $1.75 billion over the next two decades.
O’Malley says snow and ice could last 24 hours
Gov. Martin O'Malley is urging residents to prepare for 24 hours of nasty, wet and icy weather.
Bail plan’s cost debated
The Maryland Judiciary’s plan to implement the recently announced constitutional right to counsel when bail is fraught with hidden costs, representatives of the Office of the Public Defender told House lawmakers on Wednesday.
Editorial: Balancing the budget with the pension system
It was supposed to be a trade-off, a system of shared pain for shared gain. In order to ensure a solvent state pension system, employees would pay more and get less.
Mixed bag for docs, students
The $39 billion budget proposal unveiled today by Gov. Martin O’Malley includes some good news for Maryland’s physicians and students but also some slaps in the face.
O’Malley unveils his final budget
Gov. Martin O’Malley’s $39.2 billion spending plan for fiscal 2015, announced Wednesday, puts the state “on a glide path” to retire its structural budget deficit by 2017.
O’Malley releases $39B budget
ANNAPOLIS — Gov. Martin O’Malley is proposing to help fill a budget shortfall in Maryland by making a smaller payment toward long-term state pension reform. O’Malley said Wednesday the $172 million saved helps close a $584 million budget shortfall. The governor’s budget also includes a 3 percent increase in college tuition. The budget also has […]
Mission failure: O’Malley budget won’t erase structural deficit
O'Malley's soon-to-be-released spending plan, which is expected to come in around $39 billion for the next fiscal 2015, would be about $2 billion more than the budget approved for the current year.
From tax cuts to millions in the hole
State legislators will have an unwelcome present when they return to Annapolis in January: hundreds of millions of dollars in structural budget deficits.
Lockheed’s 3Q results survive defense cuts
The nation’s largest defense contractor had a better third quarter than expected, as federal budget cuts brought less severe consequences than were forecasted.
Teacher training event falls victim to shutdown
FREDERICK — The federal budget battle is keeping some Frederick County public school teachers from meeting with Army researchers for professional development. The Frederick News-Post reports that a science, technology, engineering and math symposium planned for Friday has been canceled. The school district says about 100 teachers had planned to attend the event organized through […]
U.S. builder confidence dips amid budget impasse
U.S. homebuilders are feeling less confident in the housing market, reflecting their uncertainty over the budget impasse in Washington. The National Association of Home Builders/Wells Fargo builder sentiment index released Wednesday fell to 55 in October. That’s down from a reading of 57 in September. September’s reading was revised one point lower from its initial […]
