Md. Business Leaders Discuss "Fiscal Cliff" - 47 ABC - Delmarva's Choice

Md. Business Leaders Discuss "Fiscal Cliff"

Posted: Updated:

ANNAPOLIS, Md. (AP) - Maryland business leaders from a cross-section of industries say the uncertainty alone about the "fiscal cliff" in Washington could have an effect on consumer behavior.
    
The state's Board of Revenue Estimates held a meeting on Thursday to hear from business leaders about how they view economic conditions in the state.
    
They often referred to the Jan. 1 deadline in Washington, when tax breaks are set to expire and big automatic spending cuts are triggered.
    
Pat Donoho, president of the Maryland Retailers Association, says it's not even necessarily a matter of whether the nation goes over the cliff, but how close lawmakers come to it.
    
He says that's because lingering uncertainty could have a big impact on consumers' behavior.

 

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

  • ContestsMore>>

  • Spring Gas Giveaway

    Spring Gas Giveaway

    Let WMDT fill up your tank! It's time for our Spring Gas Giveaway! More >>
    Enter for your chance to win a $100 Exxon/Mobil Gas Card!More >>
  • Teacher Who Makes A Difference

    Teacher Who Makes A Difference

    The WMDT 47 Teachers Who Make a Difference Contest is Sponsored by Accurate Optical: "Encouraging children of all ages to come in for an annual eye exam to help them see better in school." Each month weMore >>
    The WMDT 47 "Teachers Who Make a Difference" Sponsored by Accurate Optical Encouraging children of all ages to come in for an annual eye exam to help them see better in school.More >>
Powered by WorldNow
Powered by WorldNow All content © Copyright 2000 - 2014 WorldNow and WMDT. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.