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The Pew Charitable Trusts released a nifty interactive report this week that compares the 50 states and the District of Columbia on their administration of elections.
Pew gathered information from the Census Bureau, public surveys, and other sources to develop its Elections Performance Index. So far, the data is available only for the 2008 and 2010 elections, but it makes clear that the security of your voting rights depends heavily on where you live.
President Obama raised eyebrows during his inaugural address last month when he put the fight against long election-day lines in the context of the nation’s movement toward “tolerance and opportunity, human dignity and justice.” Now the New YorkTimes says Congress is preparing for a showdown on the issue.
The Department of Justice has brought a civil suit against Standard & Poor’s, the credit rating agency, that centers on the decisions that S&P made concerning models it used to evaluate default risk for mortgage-backed securities prior to the financial crisis. Default risk was central to the credit ratings assigned to the bond issues. The models calculated statistical probability of various outcomes based on historic data and many assumptions.
For some Americans, tax refunds are a yearly treat, an opportunity to build savings, or even splurge on a vacation. For others, living paycheck to paycheck amid lingering recession, the refunds become a lifeline, leaving them vulnerable to tax preparation firms who prey on their desperation, promising quick refunds in exchange for large fees and high interest rates.
Alfred Carpenter, 52, was working for a high-end shoe store in 2007, when the recession put the company out of business. A long-time salesman, Carpenter wasn't worried about getting another job, but then broke an ankle a few months later and ended up in the hospital. With no insurance and a $50,000 emergency room bill, he filed for bankruptcy protection.
Then his troubles got worse. One employer after another rescinded job offers after checking his credit report, he says. He finally found work, but at a fraction of his usual pay.
A new report from the non-partisan Congressional Budget Office adds to the mounting evidence that spending cuts have held back America’s economic recovery. According to the CBO’s budget and economic projections for the next decade, released on Tuesday, middling GDP growth over the past year is partially attributable to “scheduled automatic reductions in federal spending.”
Perla Saenz went back sore and exhausted just four weeks after giving birth—and two weeks after the incision from her C-section reopened. (She had heard her older child cough in the night and instinctively tried to pick him up, forgetting for a moment her doctor’s warning against lifting anything heavier than ten pounds.) Weak and sometimes feverish, she often found herself clutching the counter for support.
Owners of small businesses want Wall Street and the large American banks to be held accountable for the lingering financial crisis. They believe that stronger regulations governing these institutions should be enacted and enforced.