Latest News

  • May 10, 2013 |
    Senator Elizabeth Warren made waves in higher education circles recently by introducing legislation that would set federal student loan interest rates at the same rate available to financial institutions through the Federal Reserve.   Her populist invocation of the ‘big bank’ mantra to defend changes in student loan policy is reminiscent of the 2010 Health Care and Education Reconciliation Act – the same legislation passed by her colleagues that relied on students to help pay for the President’s health care proposals.
  • May 03, 2013 |
    Some Sunshine in the SpringToday’s jobs report was good, but not quite great.  The jobs numbers were powerful – 165,000 in April and revisions to the past two months totaling 114,000 jobs.  The unemployment rate fell to 7.5 percent even though labor force participation was unchanged.  All good.Inside the top line data:
  • Apr 11, 2013 |
    Tax on Future Generations ($25 Trillion) Under the President’s FY2014 Budget, the national debt would grow to over $25 trillion, or 97 percent of GDP, by 2023. This would slow the economy and threaten the possibility of a sovereign debt crisis. Without meaningful reforms to spending programs future generations will inherit a massive debt that will take significant tax increases to mitigate. 
  • Mar 19, 2013 |
    This week will see a process unfold that hasn’t happened in four years: the Senate as a whole will consider and almost certainly pass a budget resolution. A unique set of rules governs how the Senate debates budgets that will make for a colorful and busy week. Because of these rules, Senators can look forward to late nights and dozens of roll-call votes on potentially painful amendments. This week will likely unfold as a fairly rancorous partisan debate – but that is in many ways a function of the rules themselves.
  • Mar 05, 2013 |
    The current federal workforce development system is wrought with overlap and wasted fund management; so much so that in 2011, the Government Accountability Office’s issued a report focused on the duplicity and considerable overlap of programs under the current Workforce Investment Act.