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...Harbour. The number of Miami-Dade properties turned over to lenders by the courts so far this year is 8,656. That's up 188% from last year's total of 3,009 during the first three quarters. Similar spikes occurred in Broward County, with a 215% hike, from 2,339 to 7,370. Palm Beach County saw an increase of 145%, jumping from...
...will get a tax cut quickly, say several Democrats familiar with the planning. There may also be a payroll tax break to speed some extra cash to all. Obama may even postpone his plans to roll back the Bush tax cuts for the wealthiest Americans and delay any tax hike on top-tier earners until 2011, when the cuts expire under current...
...admit all eligible freshmen in their immediate vicinity, but many of the schools will up the academic bar for students from farther away. Rejecting paying students might seem counterintuitive in a time of need, but tuition accounts for just 23% of Cal State's funding (even after a 10% hike last year). That's on par with Harvard, where tuition accounts for about 20% of the school's revenue - but there, a multibillion-dollar endowment makes up the difference. On average, tuition covers about half of total educational costs at public universities. (Read about colleges getting hit by the credit...
Democrats face internal divisions on other economy-related issues too. Liberals are eager to tackle a big agenda, including a tax hike on the wealthy and a bigger public-works stimulus package. But reality may bring the party's leadership back down to earth. The senior Democratic aide expects no upper-income tax hikes or big infrastructure investments, and says the stimulus package rolled out this week will be restrained. "It'll be unemployment-benefits extension, a federal Medicaid matching program and allowing small businesses to write off immediately more of the expenses," the aide says. Even so, the package...
Poncho hopes the experience will be life-changing for the participants. With the night-hike tours, he envisions himself as a revolutionary fighting for a better world. In a final pep talk, he drills the group about their class differences and how they can overcome them. "What do you call our ethnic group?" he asks in a booming voice. "You call us Indians, and say we are lazy and ignorant. Don't worry, I'm used to it. This experience is about showing we are human beings...