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Tag Archives: debt ceiling

Board of Public Works to sell bonds for state health lab

Despite warnings from Comptroller Peter Franchot that the state is on course to exceed its capital debt ceiling in 2017, the Board of Public Works voted Wednesday to sell bonds for a $184.8 million state health lab as part of ...

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First phase of debt deal poses little threat to economy

WASHINGTON — The first phase of a deal to raise the government’s borrowing limit would pose little threat to the economy in the short term because almost none of the spending cuts would occur before 2014. Discretionary spending, which excludes ...

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Debt and spending deal picks up momentum in Senate

WASHINGTON — The White House and congressional leaders worked Monday to align lawmakers from both parties behind their formula for averting a financial meltdown and halting the government’s prolific spending habits. Despite resistance from both liberals and conservatives, momentum appeared ...

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Robert Nusgart: A good week for gamblers, but not mortgage seekers

If you like to gamble, then this was a week especially made for you. With the debt ceiling debate being batted forth from the House of Representative to the Senate, the financial markets have been in a tizzy. Typically, when ...

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Maryland committee presses for debt ceiling deal

Maryland lawmakers urged their federal counterparts Thursday to raise the country’s debt limit without hashing out a deal to reduce the long-term debt and deficit. Del. Tom Hucker and Sen. Jennie M. Forehand, both Montgomery County Democrats and co-chairs of ...

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GOP retools plan as Congress seeks debt fix

WASHINGTON — Six days away from a potentially calamitous government default, House Republicans appeared to be coalescing Wednesday around a work-in-progress plan by House Speaker John Boehner to increase the U.S. borrowing limit and chop $1 trillion in federal spending. ...

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