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Tag Archives: increase

O’Malley says he would like sales tax increase

ANNAPOLIS — Gov. Martin O’Malley said Wednesday he would prefer to raise the state’s sales tax instead of the one on gas to address the budget deficit and pay for road and highway repairs, but noted that revenue proposals are ...

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Miller, Busch consider different approaches for transportation

Maryland’s top legislative leaders agree the state needs to spend more on transportation projects but they’re not willing to go along with the proposed 15-cent gasoline tax hike over three years. “I think that’s too much,” said Senate President Thomas ...

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Obama delays request for $1.2T debt limit increase

HONOLULLU — President Barack Obama is delaying his request for another $1.2 trillion increase in the nation’s debt limit at the request of congressional leaders. It’s basically because of a technicality. The White House had been ready to ask for ...

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Central banks’ actions lift world markets

FRANKFURT, Germany — The central banks of the wealthiest countries, trying to prevent a debt crisis in Europe from exploding into a global panic, swept in Wednesday to shore up the world financial system by making it easier for banks ...

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