government debt

More than 200 Baltimore County drug and alcohol addicts will be displaced this summer when at least three treatment centers close their doors.

Company 15 is one of three fire crews that will close soon, as one of the most hotly contested parts of a package of budget cuts put forward by Mayor Stephanie Rawlings-Blake to close a $48 million shortfall.

Maryland shed 6,000 jobs in April, the federal government said Friday — the largest monthly loss in the country as most states in gained, but one that might have been overstated.

Gov. Martin O'Malley and legislative leaders said Wednesday that they have wrapped up a final agreement that would raise taxes on 16 percent of the state's earners and reverse a series of so-called 'Doomsday' cuts the legislature enacted earlier this year when a budget deal collapsed.

In a letter to Maryland senators, Senate President Thomas V. Mike Miller says there's been "tremendous misinformation" circulating about the final day of the General Assembly session and insisted that he did not hold up a bill to raise income taxes over legislation to expand gambling.

Maryland House Republicans on Tuesday disputed the need for a special legislative session, arguing that the so-called "doomsday" budget state lawmakers adopted last week is far from draconian and that there's no need to raise taxes.

House Speaker Michael E. Busch and Senate President Thomas V. Mike Miller, whose clashes over gambling helped bring about a chaotic ending to the 2012 General Assembly session, agreed Tuesday that a special session is needed to fix Maryland's budget.

Religious leaders joined hundreds of children and parents in a march around Baltimore's Inner Harbor Thursday afternoon to protest Mayor Stephanie Rawlings-Blake's proposed budget cuts to after-school programs.

Federal employee unions and some Democratic lawmakers from Maryland on Monday criticized President Barack Obama's proposed $3.8 trillion budget for 2013 because of cuts to retirement plans.

Despite looming budget cuts and anti-government rhetoric in Congress, Maryland officials say the two massive federal agencies based in Woodlawn — which have long helped buoy the region's economy — may be better positioned than others to ride out the political turbulence expected over the next several years.

Columbia-based office developer Corporate Office Properties Trust posted an $87.2 million loss in the fourth quarter.

Public schools will not be great, and our nation will suffer, unless the community gets involved.

Public schools will not be great, and our nation will suffer, unless the community gets involved.

The Sun keeps writing about all the taxes that might be raised to balance Maryland's budget, but what about the cuts?

A bipartisan group of Congressmen from Virginia is seeking to overturn an obscure IRS rule that is precluding cheaper, market-based options for school renovation.

At the new $1.1 billion Johns Hopkins Hospital there will be Xboxes and a basketball court for kids, sleeper-sofas for families, single rooms for all patients, an improved dining menu and extensive sound-proofing.

A contentious battle is unfolding in the quiet town of Westminster, where rank and file police officers seeking union representation are squaring off against the police chief and mayor, a former state cop with nearly three decades experience.

Peter Morici says EU needs broad authority to tax, spend and borrow

Foreign aid: Proposed Pentagon cuts get all the attention, but slashing international development work would be just as dangerous

Big multi-state corporations need to pay their fair share of taxes — even for transactions conducted on the Internet.

A new report on state budgets, that has been seized upon by Maryland Business for Responsive government as proof of Maryland's profligacy, paints a distorted picture of state spending.

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.

Maryland should not change the standards by which it has calculated its debt limit, but there are ways to follow the existing rules while issuing more bonds to pay for schools, roads and other projects that will put people back to work.

He's led the Columbia-based company through two recessions and overseen its growth into a nationally known developer with $5 billion in assets and a specialty in high-security buildings for defense tenants.

Dozens of Maryland businesses and nonprofits are hoping to sway the congressional "supercommittee" on deficit reduction, an indication of the broad scope the panel's actions could have on the state.

Senator Cardin says supercommittee should focus on job creation, look to president's debt commission for guidance

Peter Morici writes that raising taxes and protecting entitlements while cutting defense will make America less secure.

That unfamiliar incoming call to your cellphone soon might be from a debt collector.

Maryland Democrats in Congress cheered President Barack Obama's plan to cut taxes and increase spending as a way to spur job growth, but the state's Republicans have some questions.

A rare air of controversy has marked the new school year at the prestigious Baltimore of the Arts, with the administrators acknowledging this week that the school's payroll practices have been under investigation for three months.

Tax increases are never welcome, but Maryland is reaching the point where they may be better than the alternative.

The homeless Ohio man with the golden baritone who became an overnight sensation earlier this year has dropped out of Baltimore Fashion Week

Sen. Benjamin L. Cardin spoke Friday with federal employees about the debt ceiling compromise passed by Congress this week. Federal workers have been a target of budget cuts for weeks.

The move by the federal government to end the sale of paper savings bonds at banks and credit unions next year is bad news for savers in more ways than one.

Rep. Chris Van Hollen's insistence that Medicaid be protected shows why it is so hard to cut the budget deficit.

After weeks of negotiating behind the scenes, President Barack Obama came to the University of Maryland on Friday in an effort to persuade the public that lawmakers could find compromise on debt.

Even a state like Maryland, with its AAA bond rating, could see its borrowing costs increase if the federal government fails to raise the debt ceiling.

President Obama has met Republicans well more than half-way with his $4 trillion deficit reduction proposal; now it's up to them to show that their talk about unsustainable debt was more than just political rhetoric.

Conduct your own treasure hunt for lost money. Such digging is fast and easy because states and the federal government post information online about inactive bank accounts, forgotten savings bonds and lost pensions.

Negotiations over how to reduce federal budget deficits have so far produced few specifics, but labor groups representing thousands of workers in Maryland are nonetheless on edge.

Republicans who talk about the deficit being too large and taxes being too high don't make any sense.

Forces in Afghanistan put at risk by budget cuts