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Tag Archives: cuts

Life of Social Security trust funds loses 3 years

WASHINGTON — High energy prices and an economy that has been slow to rebound are worsening Social Security’s finances, shortening the life of the trust funds that support program by three years, the government said Monday. Those funds will now ...

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Did small business win in the General Assembly? (access required)

So much has been said about the recent General Assembly session and its failure to reach a consensus on a revenue package to avert state spending cuts. Some even say we are facing a doomsday scenario. And while I don’t ...

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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, as the General Assembly neared adjournment in an unusually chaotic ...

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Lower reimbursements from Medicare may cost nursing facilities $89M this year

A new rule cutting Medicare reimbursements for skilled nursing facilities may cost the state’s nursing homes $89 million this fiscal year. “It’s devastating,” said Isabella Firth, president of LifeSpan Network, a Columbia-based provider association with 300 member senior care facilities ...

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