Budget

(Photo credit: JIM WATSON/AFP/Getty Images)

Md. Releases Offer to State Employees to Leave Their Jobs

The state of Maryland has released details of an offer to state employees who are willing to leave their jobs to help the state save money.

02/19/2015

President Obama Meets With Newly Elected Governors In The Oval Office

Gov. Hogan Issues Early Supplemental Budget

Gov. Larry Hogan has set aside $25 million to help local governments make road repairs.

02/03/2015

Children slide along on an ice-covered walkway near the Washington Monument on Jan. 4, 2013. High temperatures Monday will occur during the early morning hours as a cold front brings yet another shot of super cold air to the mid-Atlantic region. Temperatures on Tuesday morning will dip into the single digits. (Photo credit: KAREN BLEIER/AFP/Getty Images)

D.C. Government Ends Fiscal Year With $200M Budget Surplus

District of Columbia officials say the city ended the last fiscal year with a surplus of more than $200 million.

01/30/2015

A Maryland middle school teacher has been placed on administrative leave after he allegedly authored two fiction books depicting a “futuristic school shooting” using a pseudonym.  (credit: Sean Gallup/Getty Images)

Legislative Leaders to Seek to Restore Md. Education Money

Maryland’s legislative leaders say they’ll work to boost funding for education in the state budget.

01/30/2015

(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

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