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...fact that it's expensive to keep schools open longer. In Massachusetts, for instance, ELT schools receive an additional $1,300 per student, on top of the basic state allotment. And, some ask, if a school is low-performing, if the teachers or curriculums or parental involvement isn't up to snuff, how much good will more class time really do? "You can't just extend time in these schools by 30%," says Elena Silva, an analyst with Education Sector, an independent think tank. "That in and of itself is not going to work as a strategy to turn around...
...reasoning is most closely identified with Elizabeth Warren, a Harvard law professor and the current chairwoman of the congressionally appointed committee overseeing the Treasury's bailout efforts. In a 2007 article in the journal Democracy, Warren argued for what she called a Financial Product Safety Commission. But the idea isn't exclusive to her. Canada, which did not suffer the subprime woes of its southern neighbor, created a consumer financial agency in 2001. Australia and the Netherlands have taken the more ambitious step of consolidating all consumer and market oversight under one financial regulator while leaving soundness to another. Last...
...down the road, clip that quote. The city is burdened with the same drug, crime and urban-decay issues it had four, 10, 20 years ago. Booker talks a big game, and three years into his term, he has certainly impressed. But despite Booker's best efforts, 2009 Newark isn't shocking anyone...
...giving an employee a pay raise or starting a new hire at a salary above the minimum set by civil-service guidelines. Some orders gave low-level workers a more livable wage. Others were a bit gratuitous. For example, one aide went from making $107,225 to $118,607. Isn't 107 grand enough to live on? The fiscal impact of these orders totaled about $1.5 million...
...Still, Democrats have said they won't pass anything that isn't fully paid for, and finding the money to plug an estimated $200 billion-to-$320 billion shortfall has been particularly tough. Obama's original proposal to raise the tax deduction for charitable giving by the nation's highest earners seemed dead on arrival, while the House idea of taxing the rich directly has run into resistance from conservative Democrats known as Blue Dogs. One proposal that has gained traction in the past week is to tax pricey, so-called Cadillac health-insurance plans, either directly or by taxing...