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Tag Archives: income taxes

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.

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Budget deficit tops $1 trillion 4th year in row

WASHINGTON — The U.S. federal budget deficit increased by $191 billion in August and has topped $1 trillion for the fourth straight year. The deficit for the first 11 months of the 2012 budget year totaled $1.16 trillion, the Treasury ...

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