State looks at online travel, shopping as new revenue source; Obama at University of Maryland today; O’Malley will announce support of same-sex marriage legislation; O’Malley blames congressional Republicans for debt impasse; DREAM Act referendum petitions to be certified today.
Day: July 22, 2011
Pension system gains $6 billion on investments, 20% rate of return
Thanks to an improving national economy and careful portfolio management, the State Retirement and Pension System blew past its estimates and gained $6 billion in fiscal 2011, a 20% rate of return. The performance was nearly three times the benchmark rate of return of 7.75%, set by the system’s board of trustees.
Blog: Public redistricting hearings start, maneuvering behind the scenes
The 12 public hearings by the Governor’s Redistricting Advisory Committee on the shape of congressional and legislative districts officially begin Saturday with two hearings in Western Maryland. But much of the maneuvering on the district lines is going on behind the scenes.
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