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Keyword: doomsdaybudget

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  • Progress made on Maryland revenue package

    05/03/2012 5:13:51 PM PDT · by Tolerance Sucks Rocks · 7 replies
    The Washington Times ^ | May 2, 2012 | David Hill
    ANNAPOLIS — The General Assembly likely will return May 14 for a two- or three-day special session on a revenue package including income-tax increases and a shift of state-paid teacher-pension costs onto counties, state officials said Wednesday. Democratic leaders say the extra revenues are needed to bolster the state’s $35.4 billion spending plan and undo more than $500 million in cuts that went into effect when last-minute bickering caused the assembly to adjourn April 9 without passing two key revenue bills. The House and Senate still have slightly differing proposals to raise taxes, but leaders said they are making progress...
  • Maryland special session goals conflict

    04/26/2012 7:20:51 PM PDT · by Tolerance Sucks Rocks · 2 replies
    The Washington Times ^ | April 25, 2012 | David Hill
    With the Maryland General Assembly looking toward two possible special sessions this year, some lawmakers are calling for an expanded agenda to address long-term transportation funding. Gov. Martin O'Malley and House leaders have made clear that they want to devote a May special session exclusively to passing new revenue and income-tax increases to supplement a $35.4-billion budget that currently includes more than $500 million in cuts because of the assembly’s failure to pass a revenue package during the regular session. Mr. O'Malley, a Democrat, said Tuesday that is his only priority for a May special session. Other proposals would have...
  • O’Malley pushes two sessions on Maryland revenue, gambling issues

    04/25/2012 8:57:47 PM PDT · by Tolerance Sucks Rocks · 2 replies
    The Washington Times ^ | April 24, 20112 | David Hill
    ANNAPOLIS — Gov. Martin O'Malley emerged Tuesday from a much-anticipated meeting with the state’s two leading lawmakers and revealed that he is not only leaning toward calling a special session, but he might even call two of them. Mr. O'Malley, a Democrat, said he hopes to bring the General Assembly back into session by mid-May so legislators can pass a set of tax and revenue increases to erase $512 million in cuts that were put into place when the assembly adjourned April 9. The governor said he wants to focus strictly on finances and hold off on debating a gambling...
  • Miller pushes for a broader tax increase in Maryland budget talks

    04/24/2012 4:40:31 PM PDT · by Tolerance Sucks Rocks · 4 replies
    The Washington Times ^ | April 23, 2012 | David Hill
    ANNAPOLIS — Senate President Thomas V. Mike Miller Jr. is pushing for broader income-tax increases and a last-ditch attempt at expanding gambling as lawmakers look toward a possible special session, but the House appears reluctant to embrace either proposal. Mr. Miller will meet Tuesday with Gov. Martin O'Malley and House Speaker Michael E. Busch to discuss the scope of a potential special session, during which the General Assembly likely would pass several tax and revenue increases to cancel out $512 million in cuts resulting from their failure to pass the increases at the regular session’s close. Mr. Miller is waging...
  • Budget compromise near, Md. legislators say

    04/14/2012 1:13:28 AM PDT · by Tolerance Sucks Rocks · 3 replies
    The Washington Times ^ | April 12, 2012 | David Hill
    Maryland Gov. Martin O'Malley said Thursday he wants to call a special session for lawmakers to raise taxes and reverse $500 million in planned budget cuts but is waiting on House and Senate leaders to meet beforehand and work out a unified plan. During a day in which he conducted several radio and television interviews, the Democratic governor said he would call legislators back to Annapolis “a half-hour from now” but needs assurances that a special session will not include the bickering and gamesmanship that caused a revenue package to fall through Monday on the General Assembly’s last day, triggering...
  • Maryland faces special session or ‘doomsday’

    04/11/2012 12:03:10 PM PDT · by Tolerance Sucks Rocks · 6 replies
    The Washington Times ^ | April 10, 2012 | David Hill
    ANNAPOLIS — Maryland Gov. Martin O'Malley said Tuesday that the General Assembly’s failure to pass a set of tax increases and revenue enhancements considered a cornerstone of this year’s budget marked “the low point” of his five years in office. Lawmakers ran out of time on the measures when the session expired at midnight Monday, causing a so-called “doomsday budget” to go into effect. The state is facing some $512 million in cuts starting July 1 unless the governor calls a special session before then to generate more revenue and reverse budget cuts, which he seems likely to do. But...
  • Scaring up new revenue (tax increase drama begins as Maryland Democrats Take complete power)

    06/28/2007 6:57:50 AM PDT · by sickoflibs · 29 replies · 1,237+ views
    Baltimore Sun ^ | June 28, 2007 | Gady A. Epstein
    In an exercise of political theater intended to set the stage for tax increases and possibly slot machines, legislators got a grim look yesterday at how the state (democrats) could balance the budget with spending cuts alone. The "doomsday budget" - ordered up by (democrat) legislative leaders to make the case that Maryland's expected $1.5 billion shortfall requires revenue increases - would cut state funding for public education by $500 million. It would cut grants for police officers, force tuition increases at state universities, freeze state workers' salaries, eliminate hundreds of state jobs and close some state institutions, including the...