Deficit
Fiscal Forecast: Mayor Hopes To Fight Financial Challenges With New 10-Year Plan
Baltimore will lose hundreds of millions of dollars if changes aren’t made to how the city raises and spends money. New analysis paints a dire picture of the city’s bottom line.
WEATHER BLOG: Lack Of Rain
We have had some beautiful days this month, but the lack of rain is really adding up once again. That’s why Tuesday’s rain was beneficial in some cases. At the airport, we officially received .60″ worth of rain which cut our yearly rainfall deficit to -5.84″.
Opinion: Romney Tries To Reboot Losing Campaign With Ryan Pick
After months of failing to find a way to gain ground in the presidential campaign, Mitt Romney has hit the reset button by picking Paul Ryan as his running mate, but once the dust has settled and the Conventions are over, it is hard to see how Romney will have changed the direction of the 2012 presidential campaign.
Social Security Surplus Dwarfed By Future Deficit
As millions of baby boomers flood Social Security with applications for benefits, the program’s $2.7 trillion surplus is starting to look small.
WEATHER BLOG: Rainfall Deficit
The soaking rain that fell Sunday night into Tuesday morning dropped a very needed 1-2″ for a corridor west of I-95, while we only got .52″ officially at BWI-Airport. That’s important because that’s where the records are kept. So this did help our rainfall deficit, but we are still over 5″ down for the year.
Rawlings-Blake’s 2013 Budget Plan Includes Closing Fire Stations & Rec Centers
Putting Baltimore on a budget. Mayor Stephanie Rawlings-Blake reveals a spending plan for the city that is already causing controversy.
Maryland Budget Puzzle Still Murky
Senate President Thomas V. Mike Miller is warning lawmakers this will be one of the most contentious sessions ever in terms of dealing with the budget.
More Cuts On The Way For Balt. Co. School System
The projected budget shortfall is between $10 million and $24 million in the 2013 fiscal year.
WJZ Exclusive: Experts Discuss Debt Deal
Many questions remain after the historic debt deal was reached this week, including what should be cut next to reduce the massive deficit. WJZ gathered experts here in our studio to sound off on the tough decisions facing Congress.
Debt Talks Yield Little; Obama Rules Out Stopgap
President Barack Obama and Congressional leaders will be back at the negotiating table Tuesday afternoon. A 90 minute meeting Monday failed to bridge the gap on an agreement to cut the federal deficit and raise the debt limit.
Metro Approves $2.5B Budget For Fiscal Year 2012
Metro’s board of directors has approved a $2.5 billion budget for fiscal year 2012 that does not call for any major rail fare hikes.
Metro GM Says Budget Deficit Shrinks By $6 Million
Metro General Manager Richard Sarles says the transit agency’s budget deficit is expected to be $6 million less than originally projected.


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