Budget

(credit: Larry Hogan for Maryland)

Budget Analyst Criticizes New Md. Gov. Hogan’s Unspecified Cuts

Gov. Larry Hogan’s proposal for a 2 percent cut across the board for state agencies without specifying what the cuts will be is “a very dangerous” approach to balancing the state’s finances, a top Maryland budget analyst said Monday, but the governor’s budget secretary said the idea was to give agency leaders more time to find efficiencies.

01/27/2015

obama congress politics

CBO: Deficit To Shrink To Lowest Level Of Obama Presidency

The Congressional Budget Office says the deficit will be $468 billion for the budget year that ends in September.

01/26/2015

tax agency loses days to budget

IRS Chief Warns Budget Cuts Could Force 2-Day Agency Shutdown

IRS Commissioner says budget cuts could delay tax refunds, reduce the number of audits and cost the government at least $2 billion in lost revenue.

01/13/2015

The Maryland State Capitol Building (credit: JIM WATSON/AFP/Getty Images)

Md. Board OKs Plan to Address $410M Budget Hole

A Maryland board has approved a plan to address about $410 million of a budget shortfall for the current fiscal year to better position the state to tackle a deficit in the next fiscal year.

01/07/2015

Virginia Gov. Terry McAuliffe. (Photo credit:  Drew Angerer/Getty Images)

McAuliffe Proposes Virginia State Budget Changes

Gov. Terry McAuliffe wants to more than double the pot of money he can spend trying to lure companies to Virginia, ease school districts’ teacher retirement burdens, and give raises to rookie deputy sheriffs.

12/17/2014

A view of the U.S. Capitol Building's Rotunda after a vote on Capitol Hill on Oct. 16, 2013 in Washington, D.C. (Photo credit: BRENDAN SMIALOWSKI/AFP/Getty Images)

Senate Averts Shutdown Fears; Fights Over Nominees

Their power ebbing, Senate Democrats launched a last-minute drive Saturday to confirm roughly 20 of President Barack Obama’s nominees, and several Republicans blamed tea party-backed Texas Sen. Ted Cruz for creating an opening for the outgoing majority party to exploit.

12/13/2014

Maryland Governor Larry Hogan

Hogan Says Difficult Budget Decisions Loom

Gov.-elect Larry Hogan says strong medicine is needed to get Maryland’s long-running budget problems in order.

12/11/2014

The Maryland State Capitol Building (credit: JIM WATSON/AFP/Getty Images)

Md. Budget: $593M Budget Hole in Next Fiscal Year

Maryland lawmakers will be facing a shortfall of about $593 million under current projections when they work on the budget for the next fiscal year.

11/12/2014

Photo Credit: Giovanni Marino/Getty Images

5 Tips For Budget Travel To Italy

Traveling to Italy is a wonderful but expensive adventure. Make the most of your money with these five budget tips.

08/05/2014

D.C. Mayor Vincent Gray. (credit: Patrick McDermott/Getty Images)

DC Mayor Vetoes $10.6 Billion Budget

District of Columbia Mayor Vincent Gray has vetoed the $10.6 billion budget approved by the D.C. Council.

07/11/2014

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