Diane Alter – AHN News Reporter New York, NY, United States (AHN) – There is nothing average about the new average student loan debt. The average debt of college seniors who graduated in 2010 with student loans increased 5 percent from a year earlier to $25,250. The amount is the highest level ever. The figure [...]
United States (KaiserHealth) – President Barack Obama and House Speaker John Boehner on Monday night offered competing views on the state of debt talks and proposals. While neither touched heavily on overhauling entitlement spending, especially Medicare, the president mentioned it several times. Medicare has been one of the most contentious roadblocks to striking a deal [...]
Vittorio Hernandez – AHN News Washington, D.C., United States (AHN) – The U.S. Department of Housing and Urban Development has made available a $1-billion lifeline to American homeowners who have problems with their mortgage payments. The fund, launched in June, is part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Its aim is [...]
Windsor Genova – AHN News News Writer Madison, WI, United States (AHN) – A Dane County judge on Thursday suspended the implementation of a law repealing collective bargaining for public employees in Wisconsin on grounds that Republican lawmakers passed it illegally. Circuit Judge Maryann Sumi ruled that GOP senators violated the state’s open meetings law [...]
MADISON – A proposal by two freshman lawmakers to pay state bills now, rather than later, could save taxpayers millions. “To the extent that the payment is made as soon as possible in one lump sum, there would be an avoidance (of interest paid),” said Charles Morgan, program supervisor for the Legislative Audit Bureau’s health [...]
Fayette County had one of the lowest unemployment rates in the state, at 7.6 percent. View full post on All Stories
The team of 17 lawyers and eight special agents from the state Department of Justice will pursue corporate fraud, scams and fraudulent lending practices, Atty. Gen. Kamala Harris says. California Atty. Gen. Kamala Harris, saying that years of unscrupulous lending still haunts the state, is creating a 25-person task force to target mortgage fraud of [...]
NASHVILLE – A $30.78 billion state spending plan that received final approval Saturday from the General Assembly includes funding for an extension of unemployment benefits for thousands of Tennesseans, plus $5 million to help the University of Memphis operate a branch on Lambuth University’s campus. View full post on All Stories
Florida is banking on an expected influx of retiring baby boomers to buy up the state’s glut of empty housing and get an old formula for the state’s fiscal health working again. View full post on All Stories
Kris Alingod – AHN News Contributor Sacramento, CA, United States (AHN) – The impasse over extending taxes continues in California despite a revised budget plan from Gov. Jerry Brown that relies on an unanticipated rise in revenue. Republicans have insisted on an alternative plan that would cut compensation for state workers by 10 percent. The [...]
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