Archive | Economy
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Editorial: Subsidized student loans must stay
The facts: On August 2, the Senate gave the final approval to raise the national debt limit by $2.4 trillion. The rise of the debt ceiling prevented a sudden jump in student loan interest rates, but lawmakers considered other measures, including removing subsidized student loans.
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Column: Nevermind Fox News, raise taxes for the higher class
In ancient Greece, an oracle was a person who could make predictions about the future. Nowadays, we have what you could call an oracle of investing just up the road from Lincoln. Warren Buffett, the "Oracle of Omaha," is one of the most respected investors worldwide.
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Obama talks economy, jobs and politics in Minnesota
In an idyllic park in Cannon Falls, Minn., President Barack Obama kicked off his three-day tour of the Midwest Monday.
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Column: In defense of spending
Last week, the world watched in stunned silence as rioters burned and pillaged dozens of neighborhoods in nine major British cities, with the lion’s share of the chaos occurring in and around London. These shocking events led many to criticize U.K.
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Former treasury secretary Paulson discusses economy
Without a total overhaul of the American tax system, the United States will not be able to recover from recent economic losses, according to former Treasury Secretary Henry Paulson, who spoke at Dartmouth College on Wednesday afternoon. Former U.S. Sen. Judd Gregg, R-N.H.
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Former Labor Secretary critiques U.S. debt deal
The United States is in a “vicious cycle” of depressed consumer demand and unemployment, and the government must shift its focus to improving the economy rather than slashing deficits, according to former U.S.
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Column: Online retailer sales tax raises constitutional questions
With high budget deficits, states like California are trying to squeeze revenues out of online retailers by attempting to collect some sales taxes on goods purchased online. California’s curent rate is 8.25 percent, which can total 9.
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Debt law could impact student loans, grants
Despite passing debt ceiling legislation on Aug. 2, just before the government would have defaulted on its debt, the debt issue has only begun to be resolved – with another similar debate likely to occur in 2013.
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Editorial: Sen. Tom Coburn’s deficit reduction plan is a bold move
On Monday, Sen. Tom Coburn, R-Okla., released a deficit reduction plan that would save $9 trillion during the next 10 years.
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