Originally published on Tue January 20, 2015 5:50 pm
On the education front, President Obama's State of the Union address is likely to focus on three big proposals:
First, the president wants to talk about the idea he floated last week of making community college tuition-free. This is new.
The plan would benefit about 9 million full- and part-time students and would cost the federal government about $60 billion over 10 years. According to the administration's numbers, that would account for three-fourths of the total cost. States and community colleges would come up with the rest.
Originally published on Tue January 20, 2015 12:09 pm
In so many ways, Jan. 20, 2009, was a frightful day to be taking the oath of office.
The U.S. economy was in free fall as Barack Obama rose to deliver his inaugural address. "We are in the midst of crisis," he said. "Homes have been lost, jobs shed, businesses shuttered."
Exactly six years later, Obama is returning to Capitol Hill to deliver a State of the Union address at 9 p.m. EST. He is expected to highlight the economic progress that has been made since that frigid Day One — and call for more changes.
Originally published on Tue January 20, 2015 7:37 pm
Even in the era of declining television audiences, President Obama's State of the Union address is still the biggest audience he'll have all year. Historically, seventh-year State of the Union speeches have a short shelf life. Every one of the five lame-duck presidents (that is, presidents constitutionally barred from running again — Eisenhower, Reagan, Clinton, George W. Bush and Obama) has had opposition congresses, making the prospects for passing major parts of the president's agenda slim to none.
Originally published on Tue January 20, 2015 7:58 am
With the European economy barely growing, leaders there are worried about deflation. To boost growth and stabilize prices, the European Central Bank is expected to take a bold step at its Thursday meeting.
It would start buying up government bonds on a huge scale — just as the Federal Reserve did here beginning in 2007. The hope is that it would pump enough cash into the economy to get it moving.
This effort, known as quantitative easing, would impact the U.S. economy, too — especially in the Southeast.
Originally published on Sun January 18, 2015 5:33 pm
For centuries, treaties have defined the relationship between many Native American nations and the U.S. More than 370 ratified treaties have helped the U.S. expand its territory and led to many broken promises made to American Indians.