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The most recent charge in Senator Chuck Grassley’s (R-Iowa) crusade against rising tuition costs was in late February when he criticized then nominee for Secretary of the Treasury Jack Lew for the benefits he received from New York University. They totaled $1.4 million over a period of four years.

For fans of conservatives’ favorite teller of “hard truths,” the Path to Prosperity budget proposal released by Rep. Paul Ryan this week must have been a disappointment.

We've talked a lot about how a carbon tax is a win-win-win proposal that would raise badly needed revenues, lower greenhouse gas emissions, and shift the cost of pollution onto the producer. It looks like some members of Congress are ready to take this step. Today, Rep. Waxman, Sen. Whitehous, Rep

This morning the Senate Banking Committee will hold a hearing on the nomination of Richard Corday to lead the Consumer Financial Protection Bureau. On the merits, Cordray should breeze through. The politics, however, are destined to be thornier.

Middle-income Americans age 50 and older are now carrying more credit card debt on average than younger people, according to a 2012 study released by Demos. This is a reversal of the findings from the Demos survey which took place in 2008.

Increasingly, states and municipalities are stepping in to fill the federal void on regulating and banning fracking. California has at least eight bills looking to regulate and/or tax fracking operations. Vermont became the first state to ban the practice.

The economy plummets. You lose your job. Soon, you start to find it hard to make ends meet. You start putting things on your credit card. Then you fall behind in your card payments. All the while you’ve been desperately looking for a new job. Little do you know that being behind on credit card

Here's a plain fact: record disinvestment in higher education at the state level leads to record tuition hikes. In 2012, the trend escalated with the biggest single year jump on record.

In the latest anti-HFT salvo, a 12-year veteran of Goldman Sachs Monday applied a new definition to the essence of high frequency trading, seeing it as a purposeful distortion of the flow of market information rather than just a successful trading technique. With that he also prescribed a financial

“The very rich,” wrote F. Scott Fitzgerald, “are different from you and me.” It turns out he was right. According to a new study by the think-tank Demos ( PDF), the affluent tend to hold a different vision of a just society than the public at large, and it is that vision which tops the political