Aside from defense spending, the Trump budget violates nearly every programmatic promise he made to voters last year. And adding insult to real injuries, he pretends to fulfill his promise to balance the budget with fake numbers.
Not only are the numbers phony, but they represent the most audacious mathematical con game in a federal budget that anyone in Washington can remember. It is phonier than the phony budgets cooked up during the Reagan era, when the president’s own budget director eventually confessed, “None of us really understands what’s going on with all these numbers.”
Before Trump turned the Republican nominating contest into a battle of boasts and bullying, right-wing extremists had dominated the party. Their platform, not surprisingly, goes even further to the right than what’s even been heard from Trump.
By Maura Lerner, Star Tribune (Minneapolis) MINNEAPOLIS — Ashley Hall remembers clicking “yes” on the loan application and, inexplicably, laughing. Maybe it’s because the number seemed so surreal. Or because no one else in her family had done this before. But there she was, borrowing nearly $75,000. For her first year of veterinary school at […]
WASHINGTON — What if they held an election and nobody talked about how to improve people’s lives? The 2014 campaign is being waged against a backdrop of national news dominated by everything except the core economic worries of most Americans. Benghazi and Sgt. Bowe Bergdahl have been getting more attention than job opportunities and student […]
By Stephanie Haven, McClatchy Washington Bureau WASHINGTON — Divided along mostly partisan lines, the Senate refused Wednesday to take up a Democrat-backed bill that would have enabled individuals to refinance existing student loans to the lower interest rate Congress approved last year for new borrowers. Among the roadblocks: Democrats proposed paying the $55.6 billion price for […]
By Christi Parsons, Tribune Washington Bureau WASHINGTON — President Barack Obama on Monday signed an executive order that lets millions of college graduates cap their student loan payments at 10 percent of their income, a move he says will help “open the doors of opportunity for all.” By amending student loan regulations to put the […]
by Marian Wang, ProPublica. Parents are increasingly struggling to repay federal loans they’ve taken out to help cover their children’s college costs, according to newly released federal data. The Parent Plus program allows parents to take out essentially uncapped amounts to cover college costs, regardless of the borrower’s income or ability to repay the loan. […]