WASHINGTON, D.C. – This week, the Peterson-Pew Commission on Budget Reform outlined a plan for Congress and the Administration to begin working now to significantly reduce the national debt, which is currently $7.6 trillion. Red Ink Rising, the Commission’s first report, calls on policy makers to enact both spending cuts and tax increases to shift our nation’s fiscal course.
MOUNTAINSIDE NJ — Taxpayers can get the most out of new recovery tax breaks and get a jump on preparing their 2009 federal income tax returns by consulting a newly revised comprehensive tax guide now available on IRS.gov.
BERKELEY, Calif. – According to data released by the federal Department of Education this week, 12 percent of college students who began repaying student loans had defaulted by 2009. A disproportionate number of those students attended for-profit schools.
For many professions, the price of admission is higher education. Unfortunately, college degree costs have skyrocketed, so people often to enter the workforce saddled with massive student loans and monthly loan payments that strain their starting salaries.
As the new year approaches, many people will resolve to lose weight or get into better physical shape. If so, you’re not alone. According to the International Health, Racquet & Sports Club Association, more than 45 million Americans belong to health clubs.
WASHINGTON, D.C. – U.S. Senator Robert Menendez (D-NJ) unveiled new legislation that would authorize the federal government to directly lend to small businesses, using TARP funds.
WASHINGTON, D.C. – Congressman Leonard Lance, (R-NJ), this week renewed his call to allow the Trouble Asset Relief Program (TARP) to expire at the end of this year and direct repaid funds and interest toward debt reduction.
At this time of year, many people pause to reflect on what they’d like to change about their lives going forward – lose a few pounds, take a class, spend more time with the kids. Often, these goals revolve around personal finances.
Many people take vacation or visit family at this time of year. That’s the good news. The bad news is that there are a number of scams that unsuspecting travelers can fall victim to if they are not careful.
Most people carry some debt, whether it’s a credit card balance or the money they owe on a car loan or home mortgage. Debt is not necessarily a bad thing, but it can become a problem if you allow it to get out of control.