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Tag Archives: spending cuts

Assembly’s last-minute maneuvers could leave state $70M in the red

The state’s chief fiscal analyst warned Gov. Martin O’Malley on Tuesday to not sign any bills that impact state revenues or spending until Maryland’s out-of-balance “doomsday” budget is repaired. A budget containing some $500 million in cuts was enacted last ...

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O’Malley says consensus key to special session

ANNAPOLIS — Gov. Martin O’Malley said Tuesday he will call a special session of the General Assembly to avert about $512 million in budget cuts as soon as the House and Senate can reach consensus on how to pass a ...

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Congressional panel set to fail to cut deficit $1.2 trillion

WASHINGTON — The imminent collapse of a special deficit-reduction supercommittee on Monday promises to set off yet another round of the Washington blame game as the panel officially admits failure in its quest to sop up at least $1.2 trillion ...

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GOP concedes Medicare vouchers unlikely to advance

WASHINGTON — The GOP plan to replace Medicare with vouchers probably will have to wait, party leaders acknowledged Thursday as lawmakers and the White House bowed to political realities in pursuing a deal to allow more government borrowing in exchange ...

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