| Dec 16, 2012
| 7:38 AM
As the fiscal cliff looms, two of Maryland's most influential congressmen have a message for those looking to the federal workforce for more savings: Look somewhere else.
"Federal workers have already been asked to sacrifice as part of the budget cuts...
| Dec 13, 2012
| 12:16 PM
Bar the door, Nelly — the Fed has abandoned all restraint and will now print money to finance the federal deficit.
To support the weak recovery, the Federal Reserve continues to keep short-term interest rates near zero, purchase mortgage-backed...
| Dec 16, 2012
| 4:51 PM
A tentative deal to close a looming $365 million state budget deficit — the sort of topic that typically fuels blustery debates and commands attention at the Capitol — was agreed to quietly by legislative leaders and the governor's office in a...
| 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 13, 2013
| 2:21 PM
Maryland will receive $45.6 million from the Obama administration for housing and local services for the homeless, the U.S. Department of Housing and Urban Development announced Wednesday.
The Continuum of Care grants will be used to renew support for...
| Mar 16, 2013
With Washington in political gridlock over spending, President Barack Obama traveled Friday to Argonne National Laboratory to announce an energy proposal that would secure money for advanced vehicles by diverting federal revenue from offshore oil and...
| 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...