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Tag Archives: deficit

Budget office: Obama’s health law reduces deficit

WASHINGTON — President Barack Obama’s health care overhaul will reduce rather than increase the nation’s huge federal deficits over the next decade, Congress’ nonpartisan budget scorekeepers said Tuesday, supporting Obama’s contention in a major election-year dispute with Republicans. Republicans have ...

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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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Lawmakers bicker over blame for budget impasse

ANNAPOLIS — A leading Senate budget negotiator expressed frustration Monday that House conferees were not meeting senators halfway in last-minute budget talks. But the House speaker suggested the Senate had slowing up budget work by focusing so much on passing ...

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Panel makes progress on income tax hikes

ANNAPOLIS — With time running short, a panel of Maryland lawmakers made progress on Saturday on proposals to raise income taxes for people who make more than $100,000. As lawmakers aim to balance the books for the next fiscal year ...

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Bernanke: Job market remains weak despite gains

WASHINGTON — Ben Bernanke says the job market isn’t as strong as the steadily declining unemployment rate might suggest. Responding to questions at a Senate hearing Tuesday, he noted that the unemployment rate doesn’t capture the plight of millions of ...

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