| Mar 24, 2013
Think the automatic budget cuts Congress ordered at the beginning of March — the so-called sequester — haven't caused any pain yet?
Judging from the squeals we're hearing from members of Congress whose districts are threatened...
| Dec 21, 2012
| 2:00 PM
VA Gov. McDonnell discusses his most recent budget cuts, as well as a few increases, to mental health funding in the state.
| Mar 22, 2013
| 8:06 PM
Assume you are elected onto the City Council, and city staff says you need to cut $3 million, or roughly 2%, from the General Fund to balance the budget. What would you cut and why?
Profession: Burbank Councilman This year's...
| Mar 30, 2013
| 12:36 PM
A month after across-the-board federal spending cuts began, there are signs that one of the most troubling potential consequences for Maryland — the furloughing of federal employees — might not be as widespread as initially feared.
| Jan 25, 2013
| 4:40 PM
Connecticut, one of the richest states per capita in the union, just can't seem to get on the plus side of the budget ledger.
It's past time that it did.
Despite a special session of the General Assembly called in December to eliminate a projected...
| Feb 5, 2013
Not long after President Obama proclaimed in his second inaugural that "an economic recovery has begun," we learned that the U.S. economy actually shrank in the last quarter. Many economists believe this is a temporary setback. This recovery may be the...
| Feb 5, 2013
| 12:40 PM
The Justice Department is accusing Standard & Poor's of defrauding investors with optimistic ratings of mortgage-backed securities and derivatives prior to the financial crisis. While investors are entitled to answers about those conflicts, compensation...
| Feb 7, 2013
| 5:01 PM
The Army is planning to move an over-the-horizon radar system, with more than 100 soldiers and a pair of giant, blimp-like aerostats that fly as high as two miles up, to Aberdeen Proving Ground in the fall, Rep. C.A. Dutch Ruppersberger said Thursday....
| Feb 9, 2013
| 8:17 AM
Sen. Ben Cardin had a simple request of researchers at the National Institutes of Health looking for ways to defend their funding from looming budget cuts: "Put a face on this."
"You're real people," the Maryland Democrat told hundreds of federal...
| Feb 13, 2013
The city of Los Angeles is facing a deep budget deficit for the seventh consecutive year, and City Administrative Officer Miguel Santana says there is no end in sight. The cost of city services, particularly labor costs, is expected to grow faster than...
| Feb 13, 2013
| 12:54 PM
Prince George's County Executive Rushern Baker III wasted no time in telling attendees of his third and final fiscal year 2014 budget hearing that it will be a "very difficult budget year across the county."
With a $152.2 million deficit projected for...