From Krist Boardman: The last truly big time businessman from the West to make lemon out of lemonade in relations with Russia was Armand Hammer. This iconoclastic businessman at the time of the Russian Revolution was soon talking to Vladimir Lenin, the founder of the post-czarist Soviet state shortly after 1917, and his first venture […]
Harford County Retains Highest Possible “Triple-A” Bond Rating
From Harford County government: Harford County government under the administration of County Executive Barry Glassman has once again earned the highest possible bond rating by the nation’s major independent bond-rating agencies. Moody’s, Fitch, and Standard & Poor’s late last week reaffirmed Harford County’s Triple-A bond rating, which is an evaluation of the county’s credit worthiness […]
Comptroller Franchot: “We Must be Careful Not to Interpret These Modestly Encouraging Numbers as a License to Authorize Excessive Spending or to Incur Excessive Debt”
From the Office of the Comptroller of Maryland: Annapolis, Md. (September 21, 2015) – The Board of Revenue Estimates met today to write up revenue estimates for Fiscal Years 2016 and 2017 by $212.2 million. Comptroller Peter Franchot, as chairman of the Board, released the following statement: “This action, coming just weeks after we closed […]
Comptroller Franchot: “These Revenue Figures Highlight an Economy that has Improved but is Still Fragile”
From the office of the Comptroller of Maryland: Reiterating his call for caution in the midst of a slow economic recovery, Comptroller Peter Franchot today released the final closeout numbers for Fiscal Year 2015. General Fund revenues totaled $15.9 billion in the fiscal year, $214.1 million above the official state forecast and representing a growth […]
Comptroller Franchot: “We Can’t Assume that We’re Around the Corner from Returning to the Way Things Have Been in Maryland”
From the office of the Maryland Comptroller Peter Franchot: Statement of Comptroller Peter Franchot Regarding Updated Revenue Estimates The Board of Revenue Estimates met today to write down revenue estimates for Fiscal Years 2015 and 2016 by more than $271 million. Comptroller Peter Franchot, as chairman of the Board, released the following statement: “We convene […]
Comptroller Franchot: “We Simply Can’t Sustain Our Current Patterns of Debt Accumulation Without Provoking Actions that Could do Further Harm to an Already Fragile Economy”
From the Office of the Comptroller of Maryland: Statement of Comptroller Peter Franchot Regarding Updated Revenue Estimates Annapolis, Md. (September 24, 2014) – The Board of Revenue Estimates met today to write down revenue estimates for Fiscal Years 2015 and 2016 by more than $405 million. Comptroller Peter Franchot, as chairman of the Board, released […]
Comptroller Franchot: “The Nation’s Economy is Literally Stagnant Right Now, and so is That of the State of Maryland”
From the Office of the Maryland Comptroller: At [the July 2] Board of Public Works meeting, the panel approved a reduction of nearly $80 million for the fiscal year 2015 budget. Comptroller Peter Franchot, a member of the Board, released the following statement. “While it’s true that nobody wants to be in a position of […]
Del. James: “My Biggest Focus this Year Revolved Around 3 Main Goals: Creating Jobs, Growing the Economy and Funding Education”
From Del. Mary-Dulany James: Legislative Wrap-Up Part 2 My biggest focus this year revolved around three main goals: creating jobs, growing the economy and funding education. That’s why in this session I worked to boost private sector investment and fund education. Looking ahead, I will focus most of my energies on helping the citizens of […]
