A private school outside Atlanta recently informed 12-year-old Madison Baxter that she would not be welcome at tryouts for the 7th-grade football team, even though she started on the sixth-grade team and has been playing football since second grade. The reason she won’t be allowed on the field? Because her male teammates are beginning to have “impure thoughts” about her, Strong Rock Christian Academy school administrator Patrick Stuart told Baxter’s mother.
When Darius Rucker canceled plans to sing the national anthem ahead of Game 3 of the NBA Finals, the San Antonio Spurs asked Sebastien De La Cruz to do the honors. De La Cruz, an 11-year-old Mexican-American, is a San Antonio resident who appeared as a singer onAmerica’s Got Talent last year, and he didn’t disappoint.
President Obama will today launch a campaign aimed at preventing interest rates on federal student loans from doubling at the start of July, gathering college students at the White House in an effort to challenge Congress to prevent the rate increase. The White House has already re-upped its “don’t double my rate” campaign, which helped force Congress’ hand in passing a temporary fix in 2012, on social media.
Today is Tax Day, the day on which federal and state taxes are due for all Americans. Republicans have, of course, spent the year since Tax Day 2012 arguing that tax rates are too high and pushing for tax cuts for the wealthy at both the federal and state level. In reality, however, America’s tax code provides substantial benefits to the rich that working class Americans don’t get to enjoy.
America’s largest corporations have stashed nearly $1.5 trillion in offshore tax havens like Bermuda, the Cayman Islands, and Ireland — countries where they do little business but claim massive profits due to low tax rates. As a result, corporate tax rates fell to a 40-year lowin 2011 even as profits rose to a 60-year high.
As large American companies continue to lobby Congress for tax reform that would lower their tax rates, a study of historical corporate tax rates found that they are in fact paying at rates roughly half of those they paid decades ago.
One of every six American children has a parent that is either unemployed or underemployed, according to anew study from First Focus and the Urban Institute. Overall, 6.2 million children live in homes where at least one parent is unemployed; the total rises to 12.1 million when underemployment is included too. While that number has decreased slightly in the last two years, it is still substantially higher than pre-recession levels, the report found:
Eight Important Programs That Are Already Being Gutted After Two Years of Phony "Crises" in Washington
Even without the spending cuts included in the so-called “sequester,” America’s domestic spending levels are scheduled to hit historic lows in the coming years. That’s because the Budget Control Act, signed into law as part of the plan to raise the debt ceiling in August 2011, capped future spending levels.
Confetti rained on the University of Alabama football team as they stood on the makeshift stage that had been quickly assembled atop the turf of Miami's Sun Life Stadium. The team had just completed its third national championship in four years by walloping Notre Dame in the Bowl Championship Series National Championship Game, and now it was time to celebrate. The 80,000-plus crowd -- smaller now that the Notre Dame contingent had largely vacated, but still boisterous thanks to Alabama fans and those lucky enough to afford a ticket -- looked on admirably as the trophy was awarded to Nick Saban, the Tide's $5 million-a-year head coach.
American International Group, the mega-insurer that nearly collapsed in 2008 before being bailed out, is now considering joining a lawsuit filed by its former chairman against the federal government. The lawsuit, filed in 2011 by former AIG chairman Maurice Greenberg, contends that the federal government violated the Fifth Amendment by taking too large a share in the company and charging it excessive interest rates on the $182 billion in loans it gave the company.