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Democrats, GOP lawmakers disagree on need for special session
Democrats and Republicans sparred Tuesday over whether a special session of the General Assembly is needed to pass tax increases to avert steep budget cuts, while Moody's Investors Service warned the situation could hurt the credit ratings of localities...
Tags: Moody's Corporation, Government Debt, Executive Branch, Democratic Party, Budgets and Budgeting
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Mayor agrees to remove homes with estimated water bills from tax sale
Mayor Stephanie Rawlings-Blake agreed Friday to stop seizing homes over unpaid water bills in cases where the bills were estimated, a practice that city officials say led to widespread inaccuracies. The move is a compromise between Rawlings-Blake and...Tags: Credit Ratings, Credit and Debt
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Uncertain year ahead for U.S. stocks
Investors had plenty to keep them jittery in 2011. There were the earthquake and tsunami in Japan, economic woes in Europe, and, here at home, politically tinged fiscal showdowns in Washington over deep government spending cuts.
Still, the stock market...Tags: Barack Obama, Johns Hopkins University, White House, Stock Activities, National Government
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City finance nominee had turbulent record in Richmond
Baltimore Mayor Stephanie Rawlings-Blake's nominee for city finance director spent a tumultuous three years as top financial official in Richmond, Va., during which he oversaw the forced ejection of the school board from City Hall and was sued by the...Tags: Virginia State University, U.S. Centers for Disease Control and Prevention, Judges, Finance, L. Douglas Wilder
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One of the basics
Upon announcing earlier this week that Harford County government had retained its AAA bond rating, County Executive David R. Craig made a wry comment to the effect that the federal government could take a lesson from Harford County when it comes to fiscal...Tags: Manufacturing and Engineering, Money and Monetary Policy, Democratic Party, Automotive Equipment, Finance
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Howard awarded AAA bond rating for 14th straight year
Howard County has been awarded a AAA credit rating from all three major bond rating agencies for the 14th consecutive year, the county announced Monday. The credit ratings determine the interest rate Howard County pays on bonds. The higher the rating,...Tags: Financial and Business Services, Manufacturing and Engineering, Mergers, Acquisitions and Takeovers, Moody's Corporation, Money and Monetary Policy
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Howard keeps top bond rating amid U.S. downgrade pressure
Howard County is preparing for the county's $200 million bond sale Tuesday, buoyed by a AAA credit rating the county just earned from all three major bond rating agencies. This marks the 14th consecutive year that Howard County has earned the stellar...Tags: Manufacturing and Engineering, Mergers, Acquisitions and Takeovers, Moody's Corporation, U.S. Army, Automotive Equipment
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Make 'flush tax' dollars go further
A panel on growth and wastewater treatment recently recommended tripling the Bay Restoration Fee — known as the "flush tax" — between now and 2015. Good idea. It would raise more than $145 million a year for the Chesapeake Bay. And with a...Tags: Manufacturing and Engineering, Chesapeake Bay, U.S. Department of Agriculture, U.S. Environmental Protection Agency, Environmental Politics
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Budget chief urges caution in coming fiscal year
Although Howard County is starting to emerge from the economic recession, officials must remain cautious when preparing the budget for fiscal year 2013, the county's budget director told the County Council Monday, Nov. 14. Ray Wacks' annual briefings...Tags: Moody's Corporation, Budgets and Budgeting, Finance, Ken Ulman, Credit and Debt
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Supercommittee inaction could hurt state
Marylanders from nearly every walk of life could be affected by across-the-board budget cuts starting in 2013 as a result of the congressional supercommittee's failure to reach an agreement to trim the nation's spiraling budget deficits. After months...Tags: Barack Obama, Democratic Party, Budgets and Budgeting, C.A. Dutch Ruppersberger, Annapolis
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Investors' flight to Treasuries seen to have a short-term benefit to consumers
Investors watched stock markets swoon and economists fretted about the nation's fragile recovery on the first day of trading after the unprecedented downgrade of the nation's credit rating. But amid the gloom Monday were a few bright spots for consumers:...Tags: Homes, Real Estate, Money and Monetary Policy, Moody's Corporation, Passenger Cars
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Credit downgrade: State, city and counties wait and see on local effects
As the United States coped with the fallout of its first-ever credit downgrade, officials in Maryland were taking a wait-and-see approach Monday on the possible trickle-down effects on local governments' finances. Standard & Poor's has not cut the credit...Tags: Manufacturing and Engineering, Moody's Corporation, Automotive Equipment, Finance, Bonds
Apr 17, 2012
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Mar 23, 2012
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Dec 31, 2011
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Jan 30, 2012
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Jan 5, 2012
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Oct 17, 2011
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Oct 20, 2011
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Nov 10, 2011
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Nov 15, 2011
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Nov 21, 2011
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Aug 8, 2011
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Aug 8, 2011
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