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New savings bonds earning a rate of 2.2 percent
The Bureau of Public Debt announced the new rates on savings bonds. The Series I Bonds purchased today through October of this year will have an annualized rate of 2.2 percent for the first six months of purchase. That compares with an annualized rate of... -
The danger of inflation is real
We have been hearing claims by our federal government that there is low to no inflation in this economy. The Federal Reserve continues an "easy money" policy, cranking up the printing presses at the U.S. Mint when the government needs more money to...Tags: Upstream Oil and Gas Activities, Petroleum Industry, Federal Reserve, Finance
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Gas tax: A move toward fiscal responsibility
The proposal by Gov. Martin O'Malleyto apply Maryland's state sales tax to gasoline should be welcomed in Annapolis and throughout the state as a step toward fiscal responsibility ("O'Malley seeks sales tax on gas," Jan. 31). Regardless of whether it is...Tags: Annapolis, Manufacturing and Engineering, Manufacturing and Engineering, Petroleum Industry, Automotive Equipment
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The cost of transportation
When Gov. Martin O'Malley gives his annual State of the State address Wednesday, he will officially unveil his plan to apply a 6 percent sales tax to gasoline. The public's mood about gas prices being what it is, the governor probably shouldn't expect...Tags: Annapolis, Transportation, William Donald Schaefer, Finance, Justice System
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Obama proposes 'modest' federal pay raise
The White House has proposed a modest half-percent pay raise for civilian federal employees beginning next year — a move that would affect thousands of Maryland workers. If the across-the-board raise is approved by Congress, it would end a 2-year-...Tags: Steny H. Hoyer, Barack Obama, Parties and Movements, Charles Village, Montgomery County (Maryland)
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Social Security: 3.6 percent benefit increase for next year
After two consecutive years of no cost-of-living increase, Social Security beneficiaries will receive a 3.6 percent raise next year. That will effect nearly 55 million Social Security beneficiaries starting in January. The increase in benefits is tied...Tags: Social Security, Prices, Wages and Pensions
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Inequality of wealth is contributing to Social Security's problems
It's unfortunate that an economist such as Peter Morici ("Yes, Social Security is a Ponzi scheme," Sept. 22) would take a partisan political position on Social Security and spread needless alarm about its future by baselessly calling it a Ponzi scheme....Tags: Social Security, Fraud, Demographics, Corporate Crime, Productivity
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U.S. savings bond rates fall
The Bureau of Public Debt released the new rates for savings bonds purchased from now through the end of April. The Series I bond rate for the next six months will be 3.06 percent, down from 4.60 percent for the previous six-month period. The inflation-...Tags: Bonds, Prices
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Federal cutbacks a challenge for Md. — not a cause for panic
Maryland's economy is heavily dependent on government spending, and the increasing pressure in Washington to rein in the nation's deficits is definitely cause for worry. According to a new report from the Census Bureau, Maryland's share of federal...Tags: Layoffs and Downsizing, National Security Agency, Barack Obama, Martin O'Malley, Regional Authority
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As America ages, issue of long-term care emerges
When the Obama administration recently backed off a long-term insurance program that was part of the law to overhaul health care, we all lost.
The so-called CLASS Act, which even supporters acknowledge had design flaws, would have allowed workers to...Tags: Consumers, Nursing, Finance, Government Health Care, Insurance
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Debt-ceiling debate, market downslide test investors' appetite for risk
Think about how you have been feeling about your portfolio lately. Were you unfazed by the debt-ceiling debate in Congress that brought the country to the brink of default or by the stock market sell-off that followed last week? Did you figure these were...Tags: Personal Investing, Finance, Stock Market, Target Brands, Inc., Personal Finance
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Avoid toll increases by shifting priorities
The Maryland Transportation Authority recently announced its intention to increase automobile tolls throughout Maryland, including a per car increase in the Chesapeake Bay Bridge toll from $2.50 to $8 by 2013. According to the MdTA, the justification...Tags: Medical Services, Mitch Daniels, Health and Safety at Work, Regional Authority, Personal Income
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Jan 31, 2012
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Jan 6, 2012
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Oct 19, 2011
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Sep 29, 2011
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Nov 1, 2011
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Oct 1, 2011
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Nov 6, 2011
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Aug 6, 2011
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Jul 6, 2011
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