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Tag Archives: tax increases

Senate panel hears transportation revenue options

ANNAPOLIS — The chairman of the Senate Budget and Taxation Committee says it will be very difficult to address a $1 billion budget deficit and raise substantial revenue for rising transportation needs, unless Gov. Martin O’Malley includes revenue increases in ...

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Treasury confirms deadline for raising debt limit

WASHINGTON — The Treasury Department says Congress has one month to raise the nation’s borrowing limit or the government will default on its debt. Treasury officials are confirming the Aug. 2 deadline in a monthly update that assesses the nation’s ...

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Maryland’s budget woes will dominate 2011 legislative session

Maryland’s budget woes will dominate the 2011 legislative session as lawmakers seek to bridge a $1.6 billion deficit without the federal safety net that eased the state’s fiscal pain in recent years. Gov. Martin O’Malley has vowed to avoid tax ...

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