April 15, 2008 -
For each dollar of U.S. federal income tax paid in 2007, amount spent on the military: 43 cents
On health care: 20 cents
On responses to poverty: 12 cents
On education and jobs: 3 cents
On diplomacy and foreign aid: 1 cent
A major corporation's chance of being audited in 1990: 3 in 4
April 9, 2008 -
In an example of the kind of pace-setting research that has made them the most useful resource on the subprime lending crisis, the Center for Responsible Lending released an important report today (pdf) on the role brokers play in loans to borrowers with lowe
March 8, 2008 -
Si, Se Puede" may be becoming an over-used Presidential campaign slogan, but the message of "Yes, We Can" still has meaning for members of the Coalition of Immokalee Workers in Florida.
March 7, 2008 -
Today's job report coming out of the Bureau of Labor Statistics has some grim news: for the first time in eight five years*, the country has seen two straight months of job losses. The net job loss for February was 22,000.
March 6, 2008 -
Pundits are working themselves into a dither about whether the U.S. is or isn't officially "in a recession." But for at least one segment of the country, the question is settled: African-Americans are deep in recession, and have been for a while.
February 19, 2008 -
Homeowners and credit card consumers aren't the only ones drowning in debt. A new analysis by the Center for Budget and Policy Priorities warns that 20 states are facing a combined budget shortfall of $35 billion in 2009, and eight more are expected to have problems.
January 31, 2008 -
According to a new report by the National Bankruptcy Research Center, Tennessee, Georgia, and Alabama have the top three highest bankruptcy rates in the nation. Arkansas, Mississippi, and Kentucky round out the top ten.