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Wednesday, June 11, 2014

Budget

News                                                                                                                             
Market Watch | Students get debt relief so colleges can charge more
President Barack Obama signed an executive order this week capping student-loan payments for 5 million borrowers to 10% of their income. This comes on top of recent legislation that does the same for most other students.

Econ Comments & Analysis                                                                                            
Heritage Foundation | How Congress Can Improve Government Programs and Save Taxpayer Dollars
The current budget process provides Congress with few incentives for eliminating programs that do not work and waste taxpayer resources. Moreover, the federal government suffers from duplicative and overlapping programs, which would be more effective and cost less if they were consolidated.