Rates for basic landline telephone service would probably go up if a bill moving rapidly through the Legislature becomes law, according to a report to be released today by two interest groups.
The report, by the left-leaning New Jersey Policy Perspective and Demos, cites a 2009 survey by the National Association of State Utility Consumer Advocates that found rates rose in 17 of 20 states that deregulated the service. The increases ranged from 8 percent to 100 percent.
In Connecticut, the federal government has awarded renewals for the two nuclear reactors at Millstone to operate until 2035 and 2045.
In New York, the two plants at Indian Point — built in the mid 1970s, are up for renewal — but both Governor Andrew Cuomo and Attorney General Eric Schneiderman campaigned on closing them.
Professional football has a big, big problem on its hands, and I'm not talking about the lockout that is jeopardizing the 2011 season.
Dave Duerson was once a world-class athlete, a perfect physical specimen whose pro football career included Super Bowl championships with the Chicago Bears and New York Giants. Friends and former teammates would tell you that he was also a bright guy — a graduate of Notre Dame with a degree in economics and, at least for awhile, a successful businessman.
When CenturyTel, a Louisiana-based phone service provider, merged with Embarq last year, the state Rate Counsel hammered out an agreement with CenturyTel that required the company to invest heavily in capital improvements over the four years following the deal.
Creative ideas regarding energy, education, jobs and so forth have trouble even getting a hearing.
The United States is not racked with the turmoil that is shaking the Arab world, or the tragic devastation that has hit Japan. We are not in a state of emergency. We’re in a moment when it is possible to look thoughtfully at the American landscape and take rational steps to ensure a better, more sustainable future.
Just a Prelude to the Real Fight, Robert Hiltonsmith writes at The American Prospect. What Republicans really want to cut is Social Security and Medicare, he writes.
As Michael Lipsky explained today, "One would think it hard to find a politician who opposes reducing preventable dangers to children. [Pompeo] has stepped up to this challenge."
There is an April 6th hearing on the Democrat’s appeal of the Indiana Recount decision that allowed White to proceed as Secretary of State. The next question, apart from the allegations in the indictment, is whether White was eligible to be on the ballot at all.
To focus an investigative spotlight on an entire religious or ethnic community is a violation of everything America is supposed to stand for.
It has often been the case in America that specific religions, races and ethnic groups have been singled out for discrimination, demonization, incarceration and worse. But there have always been people willing to stand up boldly and courageously against such injustice. Their efforts are needed again now.
Reflecting on the current anti-government sentiment, Patrick Bresette—Associate Program Director of Public Works: The Dēmos Center for the Public Sector— calls for a need to rebuild trust in government by rebuilding trust in each other: finding shared goals, identifying common purposes and promoting the belief that problems can be addressed together.
In November, after the elections, it wasn't so clear how the tenor of our public debate would be shifted. Four months later, at least for the short term, the answer is staring us in the face. An agenda is being presented, in the budget amendments in the House of Representatives, in the conservative echo chambers and media outlets, in Madison, Wisconsin and in states around the country. The contours of this agenda are very clear, and they threaten to steal our country's soul from the inside out.
For American corporations, the action is increasingly elsewhere. Their interests are not the same as those of workers, or the country as a whole. As Harold Meyerson put it in The American Prospect: “Our corporations don’t need us anymore. Half their revenues come from abroad. Their products, increasingly, come from abroad as well.”
There are a slew of 401k reform plans out there, ranging from modest proposals for automatic employee enrollment (but undercut by the employee's right to opt out) to replacement of the 401k by a new system run by the government or a nonprofit organization. (For a useful description of the various ideas, see a study by Robert Hiltonsmith for Demos, a liberal think tank that espouses total overhaul.)
The Authorities Budget Office released a report today that identifies state and local authorities that have not filed a budget, annual and/or audit report for the most recent reporting period as required by new Public Authorities Law.
The Authorities Budget Office released a report today that identifies state and local authorities that have not filed a budget, annual and/or audit report for the most recent reporting period as required by new Public Authorities Law.
By 1995, there were more 401(k)s plans than traditional pension plans. Now there are about twice as many. And they're not working out that well, Robert Hiltonsmith, a policy analyst at the think tank Demos, shows in his paper "The Failure of the 401(k)."
The failure, experts say, basically, is this: The typical worker approaching retirement needs about $250,000 in a 401(k). Most don't come close. The average is closer to $98,000 - only a bit more than a third of the recommended amount.
By 1995 there were more 401(k)-type plans than traditional defined-benefit plans. Now there are about twice as many. And as Robert Hiltonsmith, a policy analyst at the think tank Demos, documents in a new report, they’re not working out that well.
Retirement experts say average workers approaching retirement need about $250,000 in their 401(k)s to maintain their standard of living. They don’t have it. The number is closer to $98,000—not much more than a third of the recommended amount.
Let’s talk about deficits for a moment. Not that $1.3 trillion federal shortfall that’s in the news these days (A CBS News poll shows that only a handful of Americans think that’s an urgent problem.) No, I’m talking about the gap between how much money people have presently put away for retirement and how much they would need to save to maintain their standard of living when they finally stop working. That deficit comes to a whopping $6.6 trillion, according to a new report by Demos, a New York think-thank.
A Retirement Funding Boost. Let’s overhaul the fabled 401(k), the retirement plan that was never meant to be a mainstay of long-term savings. Some 40% of Americans don’t even have access to them at work, with minorities, young people and low-income workers showing the lowest participation rates, according to Demos, a New York-based policy center. Why not make a tax-free contribution to all Americans in a no-fee, universal savings account?