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A tough budget
Gov. Martin O'Malley today submitted what is likely to be among the most controversial budget proposals in his two terms in office. Faced with a $1 billion gap between projected spending and revenues, and committed to a goal of finding real solutions to...Tags: Teaching and Learning, Politics, Taxation, Baltimore County, Government Health Care
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Three Chicago companies give back $34 million in tax breaks
Clout StreetThree Chicago firms, including one that secured a major state tax break with Mayor Rahm Emanuel’s support, are giving back $34 million in taxpayer funds, administration officials said Monday. CME Group, the financial exchanges giant that will...Tags: Local Government, Richard M. Daley, Companies and Corporations, Bank of America Corp., Finance
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New OFA Projection Puts Budget Deficit At $144.5 Million
In more bad financial news for the state, the legislature's nonpartisan fiscal office now says the state budget deficit has grown to a projected $144.5 million. The Office of Fiscal Analysis released new numbers Wednesday night that say the state is...Tags: Dannel P. Malloy , Regional Authority, Executive Branch, Government Debt, Budgets and Budgeting
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Malloy Makes Budget Cuts To Close Gap
With tax collections lagging and the state teetering on a deficit, Gov. Dannel P. Malloy is enacting more than $78 million in budget cuts to keep the state in the black. The cuts, known at the state Capitol as rescissions, are hitting virtually every...Tags: Dannel P. Malloy , Regional Authority, Executive Branch, Government Debt, National Government
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Letters to the Editor - Dec. 18
Pedestrian plaza could revitalize downtown To the editor: In recent months, there have been several thoughtful letters to the editor regarding the revitalization of Hagerstown's downtown. As a concerned city resident, I have long been attracted to the...Tags: Vehicles, Frederick (Frederick, Maryland), Holidays, Diseases and Illnesses, Politics
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Maryland spending growth tops in the region? Not really.
Maryland Business for Responsive Government this week slammed the state government for its profligacy based on a new report from the National Governors Association and the National Association of State Budget Officers showing Maryland has the largest...Tags: Executive Branch, Government Debt, National Government, Budgets and Budgeting, Economy, Business and Finance
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O'Malley puts tax increases on the table for 2012 legislature
Gov. Martin O'Malley signaled that tax increases could be in the cards during next year's legislative session, though he said any state action would depend on congressional budget-cutting decisions this winter. In a speech to local government leaders...Tags: Regional Authority, Executive Branch, Budgets and Budgeting, Elections, E.J. Pipkin
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Higher taxes will hurt Maryland jobs
Your editorial advocating tax increases to fix Annapolis' job-killing spending problem once again misses the mark ("Tax increases should be on the table," Aug. 23). Government's insistence on uncontrolled, unsustainable spending has saddled future...Tags: Annapolis, Americans for Prosperity, Public Officials, Budgets and Budgeting, Elections
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Vacant city houses get property tax break meant for owner-occupied homes
Property tax breaks meant to encourage homeownership have been awarded to 465 vacant houses in Baltimore, depriving the city of uncollected revenue in a difficult budget year and calling into question past promises from city officials to crack down on tax...Tags: Butchers Hill, Patterson Park, Stephanie Rawlings-Blake, Elections, Foreclosures
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You mean we coddled the rich for nothing?
A new national report confirms that raising taxes on the super rich DOES NOT lead them to sell their homes, pull their kids out of school and leave their communities in order to seek a new life in a state with marginally lower taxes. Here is a link to the...Tags: Regional Authority, Executive Branch, Greenwich, Economy, Business and Finance, Politics
Jan 31, 2012
|Story| Chicago Tribune
Feb 4, 2012
|Story| Hartford Courant
Jan 18, 2012
|Story| Baltimore Sun
Jan 30, 2012
|Story| Chicago Tribune
Jan 25, 2012
|Story| Hartford Courant
Jan 24, 2012
|Story| Hartford Courant
Dec 16, 2011
|Story| Herald Mail
Nov 30, 2011
|Story| Baltimore Sun
Aug 20, 2011
|Story| Baltimore Sun
Aug 26, 2011
|Story| Baltimore Sun
Aug 23, 2011
|Story| Baltimore Sun
Sep 13, 2011
|Story| WTXX-LTV
Original site for State Budgets topic gallery.
