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Unemployed Face End of Subsidy for Cobra Health Insurance - NYTimes.comStrains Felt in Health Coverage for Jobless While lawmakers in Washington continue to debate how to make health care affordable for more Americans, thousands of unemployed New Yorkers like Rhonda R. Baumser are suddenly struggling to hang onto their health coverage. Ms. Baumser, a lifelong ...
Geoffrey Ames
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5 days ago
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New House Bill Would Cap Credit Card InterestAccording to reports from Washington, a house panel is considering capping the interest rates that credit card companies could charge at sixteen percent. The bill, which will be under debate in the Rules Panel as quickly as possible, stems to control unreasonable fees and high interest rates ...
Fred Cash
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7 days ago
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Exclusive: IRS hires hundreds for new wealth unit | ReutersA new Internal Revenue Service unit set up to catch rich tax cheats hiding their wealth in complex business entities is rapidly taking shape with the hiring of hundreds of employees. The IRS high wealth unit, part of a broader effort to combat international tax evasion, is focusing on "the ...
JDP
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7 days ago
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Wall Street Journal Supports Break-Up Of Big BanksThe editorial was mostly an assault on Democratic proposals described as offering "unlimited taxpayer funds" to bail out "just about anyone... engaging in finance of one kind or another" in a way that "would entrench moral hazard (and cheaper funding costs for the likes of Goldman Sachs) even ...
JDP
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7 days ago
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Job Cuts Loom As Stimulus Fades - WSJ.comWASHINGTON—Highway-construction companies around the country, having completed the mostly small projects paid for by the federal economic-stimulus package, are starting to see their business run aground, an ominous sign for the nation's weak employment picture. Tim Word, vice president of Dean ...
politicalcrunch
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2 weeks ago
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Private-sector jobs fall 169,000 in November: ADP - MarketWatchEconomic Report Private-sector jobs fall 169,000 in November, ADP says WASHINGTON (MarketWatch) -- Private-sector firms in the U.S. eliminated 169,000 jobs in November, according to the ADP employment report released Wednesday. It was the fewest jobs lost since July 2008. The ...
lynn-ecg
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2 weeks ago
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Leo W. Gerard: Gone with the Wind: Blowing U.S. Tax Dollars Off ShoreIt turns out a Texas windmill farm developer's request last month for nearly half a billion dollars in stimulus funds to create 2,000 jobs in China doesn't rank first on the audacity scale. Shockingly for American taxpayers, and sadly for the staggering 10.2 percent of Americans who are ...
JDP
added
3 weeks ago
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Payback Time - Wave of Debt Payments Facing U.S. Government - Series - NYTimes.comWave of Debt Payments Facing U.S. Government WASHINGTON — The United States government is financing its more than trillion-dollar-a-year borrowing with i.o.u.’s on terms that seem too good to be true. But that happy situation, aided by ultralow interest rates, may not last much longer. Treasury ...
Geoffrey Ames
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4 weeks ago
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New Consensus Views Stimulus as Worthy Step - NYTimes.comNew Consensus Sees Stimulus Package as Worthy Step WASHINGTON — Now that unemployment has topped 10 percent , some liberal-leaning economists see confirmation of their warnings that the $787 billion stimulus package President Obama signed into law last February was way too small. The ...
Geoffrey Ames
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4 weeks ago
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Similar counties, but stimulus impact miles apart - The Elkhart Project- msnbc.comIf you want to win the stimulus sweepstakes, it helps to have one of the planet's nastiest toxic waste sites in your back yard. Doling out $787 billion in extra federal spending from the American Recovery and Reinvestment Act, the Obama administration relied heavily on “shovel ready” public ...
JDP
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4 weeks ago
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