Nationwide, 1.5 million subprime adjustable-rate mortgages will reset to higher interest rates this year, putting many of those homeowners at risk of falling behind on their payments and losing their homes.
In South Korea and Germany, starting salaries for teachers are about 141% of per capita GDP, while the figure for the United States is only 81%; in fact, all countries in this sample pay their teachers a significantly higher relative wage as a starting salary compared to the United States.
Joydeep Roy. "Compared to other countries, U.S. flunks in teacher pay." Economic Policy Institute. 2 April 2008. http://www.epi.org/content.cfm/webfeatures_snapshots_20080402.
Help us spread the word about these important stories...
Social Security's shortfall over the next 75 years is slightly less than the estimated cost over that period of extending the 2001 and 2003 tax cuts just for the top 1 percent of households.
Center for Budget and Policy Priorities, "LONG-TERM SOCIAL SECURITY SHORTFALL SMALLER THAN COST OF EXTENDING TAX CUTS FOR TOP 1 PERCENT." March 31, 2008. http://www.cbpp.org/3-31-08socsec.htm.
Help us spread the word about these important stories...
U.S. Department of Education, National Center for Education Statistics, 2004-05 and 2005-06
Integrated Postsecondary Education Data System (IPEDS), Fall 2004, Fall 2005, Spring 2005,
and Spring 2006. http://nces.ed.gov/programs/digest/d06/tables/dt06_320.asp
Help us spread the word about these important stories...
Amy Belasco, “The Cost of Iraq, Afghanistan, and Other Global War on Terror Operations Since
9.11,” CRS Report for Congress, 9 November 2007.
http://www.fas.org/sgp/crs/natsec/RL33110.pdf
Help us spread the word about these important stories...
Bush vetoed spending $35 billion over five years to provide health care for 4 million children, while defending the tax break that allows billionaire hedge fund operators to pay a lower rate than their receptionists
“State Children’s Health Insurance Program (SCHIP): Reauthorization History,” The Kaiser
Commission on Medicaid and the Uninsured, January 2008.
http://www.kff.org/medicaid/upload/7743.pdf
Help us spread the word about these important stories...
Joel Friedman and Aviva Aron-Dine, “The State of the Estate Tax as of 2006,” Center on Budget and Policy Priorities, 6 June 2006. http://www.cbpp.org/5-31-06tax2.htm
Help us spread the word about these important stories...
Presently, the estate tax only applies to estates in excess of $2 million ($4 million for a couple). In 2009 the threshold is scheduled to increase to $3.5 million ($7 million per couple).
Joel Friedman and Aviva Aron-Dine, “The State of the Estate Tax as of 2006,” Center on Budget and Policy Priorities, 6 June 2006. http://www.cbpp.org/5-31-06tax2.htm
Help us spread the word about these important stories...
In February, 1,672 mass layoff events resulted in 177,374 filings for unemployment insurance, seasonally adjusted. Both were the highest since 2003, and the highest in any month since September 2005 (reflecting the impact of Hurricane Katrina). Over the month, mass layoff events and initial claims rose 234 and 33,263, respectively.
Delicious
Digg
StumbleUpon
Propeller
Reddit
Magnoliacom
Newsvine
Furl
Facebook
Google
Yahoo
Technorati
