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Deficit

hellgren

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.

2013/02/06

Bernadette Woods

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″.

2012/09/19

Mitt Romney and Paul Ryan (Photo by Chip Somodevilla/Getty Images)

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.

2012/08/13

social security concerns

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.

2012/08/10

Bernadette Woods

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.

2012/05/15

rawlings-blake

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.

2012/03/21

budget meeting

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.

2012/03/02

baltimore classroom

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.

2011/08/13

DEBT DEAL EXPERTS

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.

2011/08/04

obama5

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.

2011/07/11

metro

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.

2011/06/24

Metro Logo

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.

2011/04/29

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