University heads are lobbying President Obama to preserve funding for the Federal Perkins Loan Program, which provides loans to low-income students. Perhaps, however, if universities focused more on keeping tuition costs down -…
President Obama will delay the release of his 2012 budget by about a week.
Continue reading The White House Delays Its Budget
The White House Delays Its Budget originally appeared on DailyFinance…
No, it’s not a new plague. Rather, it’s a little-known economics thesis that explains why uneven productivity gains in different sectors can have a huge impact on everything from consumer spending to government deficits. The la…
The deficit grew to a higher-than-expected $150.4 billion in November as government spending increased for the month. But November brought some bright spots as well: Federal revenue also grew at a higher rate in November, which…
A compromise on the highly contentious levy is part of the sweeping agreement between President Obama and the GOP. The tax is back for two years at a more reasonable 35% rate, with an exemption of up to $5 million for individua…