Joshua Davey finished in the top 10% of his high school graduating class, and his family's income was less than 135% of Washington state's median family income, so he met the eligibility requirements for a state Promise Scholarship to help him attend college. But when Joshua declared his major to be in pastoral ministries, the state withdrew his scholarship.
The Dow is down to its lowest levels in four years. The tech-heavy Nasdaq has hit 5-year lows. Business scandals make headlines across the country, and families tighten their belts in the face of declining stock portfolios. Given all this, is it time to pack it in, give up on the market and park your retirement money under a mattress? Hardly.
In March 2001, President Bush announced that the United States would not be a party to the Kyoto Protocol on Global Climate Change.
One bite of his dessert, and Winston Churchill pronounced it unsatisfactory: "Take away that pudding–it has no theme." There weren?t enough aye votes yesterday to pass any bill, which is a good thing considering what the senators might have agreed to. But don?t take that as lack of a theme, for underlying the debate is the Hillary Clinton idea of national health care that would turn the prescription drug pudding sour if it were adopted.
Medicare currently pays only five percent of the cost of prescription drugs used by Medicare beneficiaries. Proposals to add a comprehensive prescription drug benefit to the program could shift as much as two-thirds of senior drug costs to Medicare.
The cost to taxpayers of supporting Medicare in the future will soar if Congress adopts either the Democratic or Republican proposals to add a prescription drug benefit.
Today's questionable business environment; however, does not weaken the case for reforming Social Security with personal retirement accounts.
Former Reagan Administration Attorney General, Edwin Meese, will join forces with the ACLU and headline a Congressional briefing on the need to reform federal prison industries and amend current legislation.
The U.S. Supreme Court's 5-to-4 decision in Zelman v. Simmons-Harris affirmed the constitutionality of the publicly funded school voucher program in Cleveland, Ohio.
The windows rattled in America on Monday, not because the axis of evil attacked but because of the stock market's 400-point bungee jump. Suddenly the predominant challenge to the Bush administration is economic, initially illuminated by corporate dishonesty, accountant manipulation, fraud and financial collapse at a gaggle of hotshot companies: Enron, WorldCom, Adelphia Communications, Global Crossing. As the current issue of The Economist points out, each of these companies has lost between of 94% and 99.9% of its value in the past six months. Each is now trading at pennies per share.
The rash of corporate corruption and the roller-coaster ride of the stock market has led many in Congress to call for reforms to the laws governing personal retirement plans – 401(k)s.
Poverty – extreme deprivation – is a perennial problem on much of the African continent.
Maybe it was the heat, or the giddy prospect of a long weekend, or that the U.S. Supreme Court had finishing its scholarly work for the year and might not be paying attention. But all of a sudden it was fun-and-games time in the federal courts.
All Americans would benefit from Social Security reform, but African Americans would benefit the most. African Americans rely more heavily than other demographic groups on Social Security for a secure retirement; thus they stand to lose the most from an unreformed system.
America has more than 80 voucher programs, from day-care assistance and food stamps to the GI Bill for veterans and Pell grants for low-income college students. Almost everyone enthusiastically supports all but a handful of them. Last week the U.S. Supreme Court considered and upheld one of the few controversial ones–school vouchers.