| Jun 12, 2014
| 11:29 AM
In two recent online columns, The Times' Michael Hiltzik claimed that I, in testimony before the U.S. Senate Finance Committee on May 10, 2011, supported his argument that Social Security "can't contribute to the federal deficit."
That assertion is...
| Jun 12, 2014
| 12:51 PM
The latest report from the U.S. Department of Commerce reveals that Maryland's gross domestic product or GDP, a primary measure of the economy's health, was unchanged in 2013. That zero growth rate caused Maryland to be ranked second to last among all...
| Jun 17, 2014
| 3:05 PM
The Annapolis City Council adopted a $96.5 million operating budget early Tuesday morning that lays off seven employees, increases a tax on businesses and increases some parking fines.
The budget also eliminates the Annapolis Economic Development Corp.,...
| Jun 13, 2014
| 12:59 PM
Two global agencies downgraded South Africa’s bond rating and outlook on Friday as the country's economy suffers through a crippling 5-month-old strike by platinum miners.
Fitch ratings agency downgraded the country’s outlook from stable...
| Mar 17, 2014
| 6:16 PM
The Rawlings-Blake administration's efforts to slash Baltimore's long-term deficit has run into a bump — more than $100 million in new police, education and other expenses now expected over the next decade.
The school system is billing the city...
| Apr 14, 2014
| 7:43 PM
WASHINGTON — Lower-than-expected health insurance premiums under Obamacare will help cut the long-term cost of the program 7% over the next decade, according to the latest report from the Congressional Budget Office.
The government's reduction...
| Mar 17, 2014
| 9:06 PM
Los Angeles' top budget official Monday advised city leaders to resist the temptation to expand services, saying they should work instead toward eliminating a recurring deficit by 2018.
In a 37-page report, City Administrative Officer Miguel Santana...
| May 7, 2014
| 3:34 PM
Things continue to get tough for the Obamacare dead-enders, those increasingly lonely opponents whose only comeback against the flow of good news about the Affordable Care Act is to conjure up absurd arguments against it (I mean you, Cato's Michael...
| May 19, 2014
| 9:13 AM
It's not surprising that former Treasury Secretary Tim Geithner's astonishing misconception about Social Security should be seconded by conservatives. After all, his assertion that the program adds to the federal deficit (aired in his new book, "Stress...
| May 20, 2014
| 9:57 AM
The most important function of people elected or appointed to boards, councils and commissions overseeing public institutions is to strike a balance between making sure the public institution in question has enough money to do what needs to be done, and...
| May 13, 2014
| 4:23 PM
Former Treasury Secretary Timothy Geithner's memoir, "Stress Test," is being picked apart fairly intensively by the Washington and Wall Street press gangs, who are busily retailing the book's snarks and slights.
We're more interested in a nugget in...