| Jan 9, 2013
It has become accepted economic wisdom that the only way to get control over America's looming budget deficits is to "reform entitlements."
The accepted wisdom is wrong.
Republicans trot out federal budget data showing a 32 percent increase in...
| Jan 1, 2013
| 5:21 PM
When push came to shove, Republicans and Democrats came together for a last-minute bi-partisan compromise on the so-called fiscal cliff, a combination of automatic spending cuts and tax increases that would have plunged the nation back into recession. The...
| Dec 31, 2012
| 11:38 PM
Hours before a midnight deadline Monday, the White House reached a tentative deal with Congress to stop an enormous tax hike for all but the wealthiest households and to postpone for two months tough decisions on how to cut federal spending.
After a rare...
| Jan 1, 2013
| 9:08 PM
A bipartisan plan to avoid federal spending reductions and tax increases that would hit Maryland especially hard won final approval Tuesday night in the House of Representatives even as outside groups warned that the bill would simply delay difficult...
| Jan 3, 2013
"It's not all I would have liked," said Republican Sen. Lindsey Graham of South Carolina, speaking of the deal on the fiscal cliff, "so on to the debt ceiling."
For Republicans, the battle over the fiscal cliff is only a prelude to the coming battle...
| Jan 4, 2013
| 1:05 PM
Congressional action to avert a "fiscal cliff" of higher taxes and across-the-board federal budget cuts means that government agencies will avoid many dreaded spending reductions — at least for now.
But "now" is no more than two months. The future...
| Dec 20, 2012
| 6:33 PM
For years, Jeff Mikula collected United Way donations from his fellow steelworkers at Sparrows Point. On Thursday, he — and 500 former co-workers from the now-closed plant — stood in line to receive them.
The Dundalk man, who worked as an...
| Dec 11, 2012
| 8:18 PM
A 48-year-old Baltimore man was sentenced to five years in prison for fraudulently claiming hundreds of thousands of dollars in unemployment benefits from the state using false identities, a scheme he conducted in part while already behind bars on...
| Dec 13, 2012
| 4:29 PM
An out-of-state steelmaker has bought the most valuable piece of the Sparrows Point plant to use as spare parts, a move that could kill the last hopes that the steel mill might be purchased by an operator and reopened.
American Metal Market reported late...
| Dec 13, 2012
| 5:03 PM
The owners of the Sparrows Point steel mill plan to raze the closed plant, Baltimore County Executive Kevin Kamenetz said Thursday, as political leaders from Towson to Washington mourned the loss of a landmark that once employed tens of thousands.
| Mar 13, 2013
| 9:04 AM
At this time of severe cutbacks in government funding for food stamps, early childhood education and Meals on Wheels, some Maryland legislators are hard at work looking out for the welfare of one of the world's wealthiest corporations. Under a bill...
| Dec 16, 2012
| 5:00 AM
As the federal "fiscal cliff" approaches, an important group of Marylanders with a lot on the line has been largely ignored: children. The stakes are immense, because the recession has been hard on Maryland children, with one out of every seven living...