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...average tax refund through April has been $2,683, according to the IRS. That's up 13% from one year ago and constitutes a pretty healthy onetime fiscal shot in the arm for the typical family struggling during this recession...
...late claims related to those 2008 stimulus checks. Meanwhile, the recession and slumping incomes have rendered more people eligible for such credits. The larger refunds are a welcome boost for the economy. In all, the Federal Government has cut refund checks totaling $259 billion - up 17% from a year ago and already the rough equal of total refund payments of $261 billion in 2008. More people than ever are using their refund to pay basic bills, according to an AP poll. For example, 31% said they were using their refund to pay credit card debt - up from 17% a year...
...generation ago, a young couple like this might have simply tried to leave India in search of a better life. Avishek and Soma plan to do something more radical. They will vote in the national elections - which began April 16 and are staggered over five weeks - in a conscious effort to hold their government accountable. The Chakrabortys are part of India's youth vote, a demographic that is too large for any political party to ignore. Of India's 1 billion citizens, 40% are under 18; 70% are under 35. In the cities, voting rates among younger citizens...
When Margaret Thatcher, then 53, appeared at the door of 10 Downing Street exactly 30 years ago today, hubris and self-doubt were not things that worried her. Having won the first of what would be three general-election victories, her address to the British people was not modest and self-deprecating in the traditional fashion. She clothed herself, rather, in the words of a saint - Francis of Assisi. "Where there is discord," she quoted, "may we bring harmony. Where there is error, may we bring truth. Where there is doubt, may we bring faith. And where there is despair...
...beginning of the rebirth of the Grand Old Party. In addition to pizza, the venue, selected by the freshly born, center-leaning National Council for a New America (NCNA), served up symbolism: suburban areas like this one, on the outskirts of Washington, were GOP bastions not so long ago, and they'll need to come back to the fold for a Republican resurgence. Pie-Tanza was also small enough to make the crowd of 100 people (at least 30 of whom were journalists) seem thick...