ANNAPOLIS — A Maryland panel on Monday recommended raising the state’s debt limit by $150 million in the next fiscal year. The state’s Capital Debt Affordability Committee voted 4-1 to allow the state to increase it from the current limit ...

Tagged with: Board of Revenue Estimates capital debt affordability committee Comptroller Peter V. R. Franchot debt limit Economy fiscal year Martin O'Malley revenues t. eloise foster treasurer nancy k. kopp

ATLANTA — The Home Depot Inc. is feeling more optimistic about the recovery of the housing market after customers spent more on sprucing up their homes in the second quarter. The country’s biggest home-improvement retailer said Tuesday that strong cost ...

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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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WASHINGTON — The federal deficit was lower in the first quarter of the 2012 budget year than the same period last year. Yet, the imbalance remains high by historical standards and should keep lawmakers debating tax increases and spending cuts ...

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DETROIT — Ford posted its best first-quarter profit in 13 years, as its new, more fuel-efficient vehicles reached showrooms during a surge in gasoline prices. New arrivals such as the Ford Explorer and Fiesta small car are selling well. Company ...

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