Here Comes The Student Loan Forgiveness (Jun 2014)

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Source: Forbes – Here Comes The Student Loan Forgiveness

President Obama is in the process of expanding a student loan forgiveness program through his executive power (the infamous pen). Whether constitutional or not, he appears to believe that he can add more students to the eligibility list for a program he created by regulation in November 2013. This “Pay-As-You-Earn” program is partly about lowering the monthly payments to make student loans more affordable for graduates, but mostly it is the foot in the door to student loan forgiveness.

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Foreign Grip Loosens on Treasuries as U.S. Investors Buy (Mar 2014)

 

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Source: Bloomberg – Foreign Grip Loosens on Treasuries as U.S. Investors Buy

Notable excerpts:

Overseas creditors such as China and Japan enabled the U.S. to spend its way out of the recession as they gobbled up 80 percent of the nation’s Treasuries. Now, their holdings are dropping toward the lowest level in a decade, while homegrown investors have picked up the slack.

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Treasury Yields Reach Two-Year High on Outlook for Fed Tapering (Jan 2014)

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Source: Bloomberg – Treasury Yields Reach Two-Year High on Outlook for Fed Tapering

Notable excerpts:

Treasury 10-year yields reached the highest level in more than two years on speculation the U.S. economy will improve enough for the Federal Reserve to end bond purchases in 2014.

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Debt Up $3T In Less Than 3 Yrs Under Boehner’s Deals

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Source: CNS News – Debt Up $3T In Less Than 3 Yrs Under Boehner’s Deals

Notable excerpts:

The new debt run up by the federal government since House Speaker John Boehner cut his first spending deal with President Barack Obama has now topped $3 trillion—exceeding all the debt accumulated under all American presidents from George Washington through Ronald Reagan.

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