A fiscal reform plan based on comprehensive recommendations by a bipartisan majority of the Simpson-Bowles commission made it to the House floor last week, where 22 Democrats and 16 Republicans joined to give it their support. Although a House majority eventually…
Student loan debt appears to have recently surpassed $1 trillion, far higher than previous estimates had indicated, according to the federal Consumer Financial Protection Bureau (CFPB).“Unlike other consumer credit products, student debt keeps growing at a steady clip,” said Rohit…
The U.S. Supreme Court is hearing arguments today on the constitutionality of a provision in the 2010 health care law that will require most Americans to buy health insurance or face financial penalties.This is the second day of oral arguments…
In a 74-22 vote last week, the Senate passed a two-year highway bill authorizing about $109 billion in spending. The previous authorization bill was enacted in 2005 and expired in 2009. Since then Congress has approved several extensions, and the…
