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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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Economists more upbeat about job growth, housing

NEW YORK — A new survey shows economists are growing slightly more optimistic about recovery in the job and housing markets but expect other pillars of the economy to remain weak. The National Association for Business Economists says in a ...

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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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House of Delegates panel to make budget decisions

ANNAPOLIS — The House Appropriations Committee is working on Maryland budget legislation. To start a long day of budget labors on Friday, Delegate Norman Conway, D-Wicomico, announced that a proposal to split teacher pensions between the state and local governments ...

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Panel to make decisions on Maryland budget

ANNAPOLIS — A Senate committee will begin making decisions about adjustments to Gov. Martin O’Malley’s proposed budget legislation. The Senate Budget and Taxation Committee will meet Thursday afternoon to consider recommendations by the panel’s subcommittees. One subcommittee decided to shave ...

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