Maine Democrats step up criticism of controversial tax program as reform bill … – Press Herald

Press HeraldMaine Democrats step up criticism of controversial tax program as reform bill …Press HeraldThe disagreement between the Senate and House means that bill is dead and the loophole, the use of one-day loans within a program that offers tax credits to investors in businesses in low-income communities, will remain. A Portland Press Herald/Maine …and more »

Student-loan refinancing boom could cost taxpayers billions – Press Herald

Student-loan refinancing boom could cost taxpayers billionsPress Herald“Cream-skimming by private lenders will remove these profitable loans and leave mainly – or only – the more risky loans,” said James McAndrews, executive vice president and director of research at the Federal Reserve Bank of New York. … Refinancings …and more »

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