Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/287842399?client_source=feed&format=rss
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শুক্রবার, ১ মার্চ, ২০১৩
Putting a Number on Federal Education Spending - NYTimes.com
Jason Delisle is the director of the Federal Education Budget Project at the New America Foundation.
In his State of the Union address, President Obama proposed to expand access to preschool, but offered few details on how much money the federal government would contribute. When the White House eventually releases that figure, everyone will want to know how it stacks up against what the federal government already spends on education each year. The trouble is, that number is tough to pin down.
You might try to look it up. But beware: most tallies, even official government figures, are incomplete or inaccurate because of the way they treat student loans, refundable tax credits and education programs run by agencies other than the United States Department of Education. Other tallies go too far, lumping veterans? education benefits and other programs into the mix.
Before explaining how to get to a good number, I?ll give you mine. The federal government spent $107.6 billion on education in fiscal year 2012. As a point of reference, that sum is about one-eighth as much as Social Security spending and about a fifth of Medicare spending. Most of our national education budget comes from state and local governments. But the $107.6 billion provides a dose of perspective for when federal policy makers pledge to ?invest in education? and make education a ?top priority.? Federal education spending accounts for just 3 percent of the $3.5 trillion the government spent in 2012.
The figure includes the annual appropriation for the entire Department of Education ($67.4 billion), so-called mandatory spending at the department ($16.3 billion), the school breakfast and lunch programs ($14.8 billion), the refundable portion of a higher education tax credit ($6.6 billion), the Head Start program ($8.0 billion) and the subsidy provided on all of the student loans the government will disburse in one year (which happened to be negative ? -$5.5 billion ? last year).
The annual appropriation for the Department of Education is an obvious figure to include, but as you can see, education spending includes a significant amount outside annual appropriations, much of which goes to support the Pell Grant program for college students from low-income families.
The school meal programs are less obvious components, but should be included. The programs help ensure that more than 31 million children each year do not go hungry at school, a prerequisite for good educational outcomes. Surely when a local district builds a new school it doesn?t consider the cafeteria an optional line item tangentially related to the school?s purpose. Feeding children during the school day is, in fact, integral to their education.
Similarly, the Head Start program, although housed in the Department of Health and Human Services, is a national preschool program dedicated to early education. When people think of federal education spending, Head Start often comes to mind.
The federal government also provides a long list of tax benefits (i.e., credits, exemptions and deductions) to support education. They totaled $33.2 billion in 2012 by one count, but I?ve excluded them in the spending tally. Experts argue over whether tax benefits are part of federal spending policy or tax policy. No funds leave the Treasury to finance these programs; instead, funds fail to arrive as revenue in the first place. Others argue that the benefits are not different from spending because a $1,000 tax credit has the same bottom-line effect on the federal budget as a $1,000 grant.
A ?refundable tax credit? is, however, a different matter. No one debates the fact that a refundable tax credit is government spending. The recipient owes no taxes but receives a refund check as if he did. He pays negative federal income taxes. Even the Treasury Department treats the payments as ?outlays.? Last year the government spent $6.6 billion in refundable payments under the America Opportunity Tax Credit, which I include in my measure of education spending. Tax filers can claim up to $1,000 of the credit against expenses for higher education, even if they have no tax liability to offset.
Finally, the federal government disbursed $112 billion in student loans in 2012. Most of that will be paid back, with interest. So what does the government spend on the loans? The government measures the cost of its loan programs by the subsidy that they provide to the borrower. Put simply, if the government lends at very favorable terms, then the borrower receives a subsidy equal to the discount the borrower received relative to a loan he or she otherwise could have taken out. Even though the benefit is spread over the life of the loan, this calculation treats the subsidy as one lump sum in the year that the loan is made.
By that measure, official figures show that the government?s student loan programs provide negative subsidies, which is to say, interest rates and fees are set high enough that the government makes money. But there is a big flaw with those figures.
The Congressional Budget Office and many economists argue that official figures don?t factor in all of the risks inherent in the loans. In response, the Congressional Budget Office publishes fair-value estimates to more fully reflect risk, and I use those figures in my tally of federal education spending. Note that even after the adjustment, the one year?s worth of loans still show a net gain to the government of $5.5 billion.
Excluded from my tally are any of the education benefits provided through the Department of Defense and Department of Veterans Affairs. Funds for those programs should be considered military and veterans? spending rather than federal education spending. The benefits are part of the compensation packages that the government provides to support an all-volunteer military. Similarly, a housing allowance for a member of the military is not a federal housing assistance program. The benefits are in-kind costs associated with financing the military. If included, those programs would add more than $10 billion to the $107.6 billion total.
The $107.6 billion figure, despite excluding military and veterans? programs, reflects a more comprehensive measure of federal education spending than most. Even so, it is probably surprising to many that education spending comes in at just 3 percent of the $3.5 trillion the federal government spent in 2012. It is hardly the figure that comes to mind when a lawmaker or the president speaks of investments and priorities.
Source: http://economix.blogs.nytimes.com/2013/02/27/putting-a-number-on-federal-education-spending/
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শুক্রবার, ২২ ফেব্রুয়ারি, ২০১৩
Is the Sports Illustrated swimsuit edition racist?
This transcript is automatically generated
Thanks still it is a Bill O'Reilly in the Miller time segment tonight let's get right to the stage of Southern California joins stamps and -- But -- everybody's talking about President Obama novel with Tiger Woods and you -- -- you guys.
On TV here.
Cybill.
Dick Morris with a leaf blower outside dobbs is part -- Harley Harry eulogized today a Tiger Woods President Obama rabbit golf.
So I was just dreaming about going through Europe -- John Kerry they must feel like that bring in Stonehenge -- -- NAFTA let's say.
Bush -- Barack Obama it's just nice to say it's just nice to see Obama.
Actually.
Hook a ball behind some shrubbery.
And blame an actual bush for one such -- unhappy about when I see.
Listen I don't mind -- because golf but I wish she would stay golf fact it's what he's done golf thing that I have trouble not tiger said he was a good potter.
Not bad surprises me because in real life it seems he's always -- -- -- But I guess some days you're out there on the course -- in the hole just looks as big as the as the area where Biden's brain is supposed to be some days you just can't.
-- diets -- you don't have any problem with the Prez now wrecked creating.
Oh with mr.
woods -- So -- dubious resume I don't see any problem there.
On tiger tiger is -- -- -- women and I don't know it is -- should have a beef with them that I guess they got the ball.
Arsenal at what businesses and of Obama as he doesn't care.
For God's sakes listen if Clinton golf with tiger.
Tiger Woods would be to -- that one.
Now I I say look at the litmus test is a president who can hang around anybody with personal problems can be real lonely in Washington.
So if I don't agree she did it.
It's a seal yourself in carbon I'd like console.
As a -- -- -- is going to be walking around 2 -- -- morning with a little dog whatever that a lot of famous.
Our rights in the video -- You came and I you know Putin ran out to be shared off try to Friday in a way didn't work after.
And he says.
They've been here actually led the -- it is what little just -- hasn't warmed like the end of 2001 to two -- in the media right all warmed.
You know they were in direct alignment like -- -- -- -- -- thank listened to it -- such a big collection this moron he's a letter.
After everything got.
You know it was such a big crater the people thought it was their economy.
I would hit it hit here we come attacks that some bridge and -- tax and that's -- up at this cracks me up that it finally hits that it hits in Russia.
And it's like the biggest thing that happened the rush for a it's like the ice capades but that everybody sits there why do we got this is big.
I'm glad I'm doing Siberian you know I'm talking it out in February is not a lot to do so in the media are items -- -- -- -- But you know -- -- -- he little.
12100 people got -- do you imagine that meteor -- LA did you imagine what would have happened -- people would actually had to get out of their cars Miller.
We can -- like that.
Let me tell you sense that thing glad that 1015 years ago it couldn't hit Yeltsin and ahead he would have felt that he was so loaded on -- -- Sports Illustrated swimsuit edition every year comes out of you this controversy -- this year.
Some I don't exactly know who and it was too lazy to really find out.
Some are saying that that the magazine.
Didn't wasn't racially sensitive.
And some of the photos and I know you being a very sensitive guy.
Did you pick that up.
That's a bit of a reach and not usually the -- attached to the Sports Illustrated swimsuit issue lesson.
Those web I don't even see any I don't see anybody else -- those pictures what are you -- that we live in the whining is times.
In the history of the planet what I just watch Sandra Fluke testify.
Up on the hill instead of watching what and where dental floss I -- have her whine about our study group.
Has gingivitis in the state wallpaper their dental -- what are you kidding me when wanna get rid of football swim -- well.
Big cars this is the greatest generation if you can't just look at this and appreciate how beautiful women I don't know what the hell's happened in this country like.
Well and -- is another factor here -- well that win the photos.
Show people from around the world.
That's stimulus tourism you know I mean look I'm if this lady is in an art -- you know -- book and you're going right to.
We'll doable to fresher -- with those penguins down there.
If she's there might well listen and -- -- listen there's a couple of factors and that's volatility and a lot of government -- rally these credits for page.
-- I agree with you that any excuse.
Any excuse particularly on the Internet when they have to -- generate traffic and stuff.
Any issues to create controversy they're gonna do it so there were few minority people and little kids dressed up in their native costumes and -- -- -- shot.
It's ridiculous and I'll give -- the last word god help me.
The last word deserve racist for saying Obama races for -- and everybody in the magazines -- -- people read the magazine iterations.
People noticed the magazine as racist -- racist.
I don't what to say anymore -- -- anybody passing the airport Thinkpads in the that there is no -- everybody.
Dennis Miller every line editing.
Source: http://video.foxnews.com/v/2178931736001/is-the-sports-illustrated-swimsuit-edition-racist/
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WESTERN C GIRLS: Madison gives coach 300th win, reaches regional final
9:51 PM
Augusta Council OKs tax deal for hospital site redevelopment
AUGUSTA ? City councilors unanimously approved a tax break Thursday to help a local firm redevelop the MaineGeneral Medical Center hospital building which is about to be left nearly empty when a new regional hospital opens later this year.
10:31 PM
WESTERN C BOYS BASKETBALL: Boothbay knocks off Madison
John Hepburn scored 20 points to lead the Seahawks, all but a pair of free throws coming from the low post, to lead top-seeded Boothbay to a 55-43 win over the No. 4 Bulldogs in the Western Class C semifinals.
4:11 PM
? MOVIES ?
? A Good Day to Die Hard ? Argo ? Amour ? Beautiful Creatures ? Escape From Planet Earth ? Hansel and Gretel: Witch Hunters ? The Hobbit: an Unexpected Journey ? The House I Live in ? Identity Thief ? The Impossible ? Life of Pi ? Mama ? Safe Haven ? Side Effects ? Silver Linings Playbook ? Warm Bodies ? Wreck-it Ralph ?
Yesterday at 7:56 PM
SNAPSHOT: Waiting game
Ian Ballard, 2, waits for a flag Tuesday on Cochnewagon Lake in Monmouth while fishing with his father, Scott. The duo chased several flags together in temperatures in the mid 30s, but only caught pickerel, the elder Ballard said.
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Real Estate Market Trends: New Construction Activity Mixed ...
Construction of new single-family homes slowed in January, but the news isn?t all bad. Learn more about this and other real estate market trends.
Construction of new single-family homes fell 8.5 percent in the month of January to a seasonally adjusted annual rate of 890,000, according to the latest real estate market trends reported today by the U.S. Department of Commerce. The rate of new construction is 23.6 percent above the annual rate of 720,000 for January 2012.
The data contains ?mixed but mostly positive results,? according to the National Association of Home Builders, or NAHB, a trade association based in Washington, DC. The drop in new construction reflects a slowdown in the booming multi-family sector, while single-family starts were ?virtually unchanged? from December. The number of housing permits ? a forward looking indicator - has reached a seasonally adjusted annual rate of 925,000 - a pace last seen in mid-2008, according to the NAHB Eye on Housing blog.
In a related story, learn how improving home prices are improving the outlook for real estate market trends.
?Except for the realignment in rental apartment building, the January report conforms to NAHB expectations for continued modest improvement in housing construction,? according to the association blog, which predicts the rate of new construction will average 979,000 units for all of 2013.
?In other real estate market trends, the NAHB yesterday reported a slight dip in home builders? confidence as measured by the NAHB Housing Market Index. The index fell one point to 46 in the month of January as builders expressed a more pessimistic view of traffic of prospective buyers. A score below the mid-point of 50 indicates a majority of builders view market conditions as poor. ?
Read our related story to learn more about builders? appraisals of prevailing real estate market trends.
Homeowner vacancy rates have been trending down from a 17-year-high of 2.9 percent in 2008 and have held at 1.9 percent for the last two quarters of 2012, according to real estate market trends recently reported by the Census Bureau.?
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Source: http://www.millionairecorner.com/article/real-estate-market-trends-new-construction-activity-mixed
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বৃহস্পতিবার, ২১ ফেব্রুয়ারি, ২০১৩
Scout navigation app for iPhone gains location sharing and ETA notifications (video)
Beyond its free price, users of Scout for the iPhone have an extra reason to smile today as the navigation app now supports location sharing. More specifically, users will be able to share their current location or future destination via either text message, email or Facebook. By leveraging Telenav's HTML5 navigation system, recipients can take advantage of the company's browser-based, turn-by-turn directions by merely clicking the sender's enclosed link. As another nice touch, Scout also now supports automated notifications, which allows users to provide estimated arrival times via text message to chosen contacts whenever they depart for a specific destination such as home or the office. For a peek at the new features, in addition to a quick introduction of the new Things To Do menu and revised My Dashboard, be sure to check out the video after the break.
Source: Scout (App Store)
Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/OtB_j-_qNz0/
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'Doubleheader' funeral service held for NY couple
CAMBRIDGE, N.Y. (AP) ? Norman Hendrickson was known for telling jokes and never wasting money. So when he died suddenly while en route to his wife's funeral, the couple's daughters knew there was only one thing to do: Hold a doubleheader service.
The 94-year-old World War II veteran's impromptu wake was held Saturday at the same eastern New York funeral home where his wife Gwen's funeral was already scheduled. She was 89 when she died on Feb. 8. After Norman died just steps from the funeral home, the daughters decided their parents would be mourned together at the same time.
The daughters said it was a fitting way to say goodbye to a couple who had been together since meeting in Europe during World War II and who had been married for nearly 66 years.
"After we had a little time to process the shock and horror, we felt we couldn't have written a more perfect script," Norma Howland told the Post-Star of Glens Falls (http://bit.ly/VL01Jx ). "My sister said the only thing he didn't do was fall into the casket."
Norman, a former assistant postmaster in Cambridge, 35 miles northeast of Albany, was being driven in a limousine to the Ackley and Ross Funeral Home for his wife's service when he stopped breathing. After the limo pulled up, funeral director Jim Gariepy, who is also the local coroner, and funeral home owner Elizabeth Nichols-Ross helped move Norman to the sidewalk outside the business.
Gariepy began CPR while Nichols-Ross and one Norman's sons-in-law raced across town to retrieve his do-not-resuscitate orders from the Hendricksons' refrigerator door. Once the orders were in hand, an emergency crew that had arrived ceased attempts to revive Norman. He died on the sidewalk.
Nichols-Ross said daughter Merrilyne Hendrickson then requested that her father's body be put into a casket and placed in the viewing room with her mother's cremated remains, which had been placed in an urn. Mourners who started arriving soon after for Gwen's funeral were greeted by a note Merrilyne posted at the entrance: "Surprise ? It's a double header ? Gwen and Norman Hendrickson ? Feb. 16, 2013."
Nichols-Ross said she didn't charge the family for Norman's wake. On his prayer card, she jokingly wrote that Hendrickson got the idea to die in the limo headed to the funeral so he could get "a buy-one-get-one-free deal."
"If it had happened with somebody else like this it would have been sad, but with Norm it wasn't," Nichols-Ross said. "It was just so much like Norm."
Norman was overseas with the U.S. Army when he met Gwen, who was serving in the British Royal Air Force. She immigrated to the U.S. and they were married in May 1947.
Howland said her parents had jokingly promised to never leave one spouse behind. After her mother died, Howland said she overheard her father say aloud, "We have had a good long life together. I love you. I'll miss you and watch for me."
___
Information from: The Post-Star, http://www.poststar.com
Source: http://news.yahoo.com/doubleheader-funeral-held-ny-couple-140537095.html
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