Opinions mixed on new student loan law

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By Clarence Plank: PNT staff writer A new law was signed Tuesday gives students a break with more money for Pell grants and only having to deal with one lender when it comes to student loans. President Barack Obama signed the new law this week. The law, tacked on to the health care bill, eliminates [...]

DoD pulls plug on records system

By Tom Philpott: PNT columnist After spending $1 billion and 12 years of effort, Defense officials have pulled the plug on a hapless plan to bring the four military branches under a single, modern payroll and personnel records system. “This program has been a disaster,” Adm. Mike Mullen, chairman of the Joint Chiefs, told the [...]

Bank fees will trickle down to consumers

Freedom New Mexico President Barack Obama is said to be considering a special tax (or fee or levy, as some might prefer to disguise it) on financial institutions, though the calculated leaks from the White House suggest the details are still up for grabs. Before he gets much farther it would be a good idea [...]

Military update: Money lacking for disabled retirees

By Tom Philpott Active duty and reserve component members are closer to landing a 3.4 percent basic pay raise next January, which would be the 11th consecutive annual increase set higher than private sector wage growth. But in approving a $550.4 billion fiscal 2010 defense authorization bill and $130 billion for wartime operations last week, [...]

Big government on president’s true agenda

Freedom New Mexico It is almost difficult to parody the incoherence of the Obama stimulus plan and administration statements about the state of the economy in the past couple of days: Although only 6 percent of the $787 billion stimulus package passed in January has been spent, it has done the trick nicely, and the [...]

Government bullied banks into TARP funds

Freedom New Mexico A few smaller banks have begun to repay money loaned to them under the Troubled Assets Relief Program begun with $700 billion in October when the depth of the financial crisis became apparent, and the government decided some troubled financial institutions were “too big to fail.” But interestingly, repayment is not just [...]

Editorial: Government bullied banks into TARP funds

A few smaller banks have begun to repay money loaned to them under the Troubled Assets Relief Program begun with $700 billion in October when the depth of the financial crisis became apparent, and the government decided some troubled financial institutions were “too big to fail.” But interestingly, repayment is not just a matter of [...]

Tobacco taxes take massive hike

By Clarence Plank: PNT staff writer Federal taxes get a whopping increase on cigarettes today to help fund a $32.8 billion expansion of the State Children’s Health Insurance Program.The bill was signed into law in February by President Barack Obama. And while it expands health insurance to more uninsured children,

Legislators talk with business leaders

By Bob Quick: The Santa Fe New Mexican With a budget deficit of more than half a billion dollars looming over the state, there’s a need to “keep an eye on what’s happening” in Santa Fe during this legislative session, Lt. Gov. Diane Denish told a Tuesday morning gathering of business leaders from around New [...]

Jan. 18 Letters to the Editor

U.S. shouldn’t support bloodshed Are we blind? Whose professional military, armed, supported and funded ($3 billion a year in U.S. taxpayer money) by U.S. power, is murdering defenseless people in Gaza?