Story | Dec 15, 2014 | 5:25 PM
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Story | Dec 16, 2014 | 12:41 PMLeading Maryland Democrats made several observations about Monday's write-down of anticipated tax revenues for this fiscal year and next that merit some parsing. Comptroller Peter Franchot opined that "we're experiencing the downside risk of an economic model that's predicated on federal spending, rather than a robust private sector." Treasurer Nancy K. Kopp struck a somewhat more optimistic tone, noting that even the reduced estimates represent growth over last year. "It's a heck of a lot better than it was only a few years ago," she said. And Sen. Roger Manno, who is due to become chairman of the Spending Affordability Committee, said "it could be a whole lot worse" and pointed to Virginia, which is grappling with a $2.4 billion budget shortfall this year and next.
Story | Feb 26, 2014 | 6:43 PM
Story | Apr 11, 2012 | 4:43 PM
Story | Mar 2, 2012 | 5:56 PM
A whopping budget battle is shaping up in Annapolis, where the leaders of the House of Delegates and Senate floated widely divergent proposals Friday to raise income taxes as part of a plan to close a $1 billion shortfall. The Senate is considering a...