It's one of the biggest financial decisions you'll ever make: choosing what to do with your 401(k) at retirement. That account may be the largest asset you will rely on for income in later life. You could leave it where it is or roll the money to investments inside an IRA. The right decision could give you hundreds of thousands of added dollars over a 30-year retirement. [...]
Today is Equal Pay Day. Counting from January, the average woman has just earned as much as the average man did by December 31. In other words, it took her 15 months to earn what the average man earned in 12.
Judge Neil Gorsuch’s troubling record on money in politics and concern that he’ll tilt our elections even more toward the wealthy and powerful is a key reason to oppose his lifetime confirmation to the Supreme Court, at least 20 U.S. Senators have said in their statements opposing him.
Elections are decided by who votes — and increasingly, in America, by who cannot. Barriers to voting participation skew policy outcomes and elections to the right in the United States. One of the most racially discriminatory of these barriers is felon disenfranchisement.
If you’re a senior struggling with credit card debt like Green, you’re not alone. In 2012, for the first time, middle-income households headed by someone over 50 years old carried more credit card debt on average than households of people younger than 50, according to the Demos National Survey on Credit Card Debt conducted with AARP’s Public Policy Institute. Half of those over 50 had medical debt on their credit cards, and a third said they used credit cards to finance daily expenses. [...]
With so many eventual graduates starting at community colleges, we should take a hard look at institutional aid policies, which reward incoming freshmen much more than transfer students.
Twenty-seven progressive groups said in a Thursday news release provided to McClatchy that they would join a planned Tax Day protest of President Donald Trump, as liberal activists prepare for what might be the biggest demonstration against the White House occupant since the Women’s March on Washington in January.
Another question is how much the Cuomo and Raimondo plans will truly benefit low-income students. Both proposals are what’s called “last-dollar” initiatives, meaning the states would only pay the balance of tuition after students use up existing state and federal aid, including Pell Grants. These current state and federal programs couldn’t be used to fund other college costs.
Last week I had the privilege of testifying before the Senate Judiciary Committee about President Trump’s Supreme Court nominee, Judge Neil Gorsuch. Wth the Court split four-to-four on so many critical issues, the stakes couldn’t be higher.
But even beyond issues, what’s at stake with this nomination is the very shape of our democracy: the way we make decisions about everything from who gets health care to whether working families will live in poverty—and whose voices are heard in that process.
Senator Sheldon Whitehouse (RI) confronted Trump’s Supreme Court nominee Judge Neil Gorsuch about the vicious cycle facing our democracy: of severe concentration of economic power yielding severe concentration of political power.
We’ve created our own bracket here, matching up colleges not by the number of McDonald’s High School All-Americans on their roster, but by whether or not they provide access to an affordable education and whether they are engines of upward mobility for working-class students.
“There are approximately zero students that would see a net benefit if this budget were enacted into law,” said Mark Huelsman, senior policy analyst at Demos, a left-leaning think tank. [...]
“Consolidating or reforming campus-based aid programs is not a bad idea, but at the end of the day students have to come out ahead,” Huelsman said. “Indiscriminate cuts to work-study absolutely would harm the low income students or middle class students on campuses who absolutely do receive the money.”
The remarkable advance of same-day registration was not an accident. National organizations, including Demos and Common Cause, and numerous state organizations led the fights in legislatures around the country.
More than 90 percent of voters (including 91 percent of Trump voters) say that it is important for Trump to nominate a Supreme Court justice open to limiting big money in politics.
In a letter sent Tuesday to the New York State Board of Elections and DMV, the groups accused the DMV of flouting a federal law requiring that citizens be able to register to vote whenever they apply for, renew, or change their address on a driver's license or state-issued identification card.[...]
Congressional Republicans and the Trump administration apparently believe that extremely basic workplace protections are too onerous to ask U.S. businesses to uphold.
President Trump called last night for “one of the largest increases in national defense spending in American history.” He has proposed increasing the military budget by $54 billion—a proposal that would require great sacrifice from working people in the form of cuts to vital health care, education and environmental services.