Legal Marijuana Sales May Mean a Tax Break for Colorado Residents

Mar 14, 2014, 9:32 am EDT

Colorado residents could see upward of $100 million in tax breaks thanks to legal marijuana sales that have been a boom for the state’s economy.

Because the state’s Taxpayer Bill of Rights has limits on how much the government can collect, taxpayers are owed a refund if that number is higher than the state projected.

And that number is really, really high — with projections for the full fiscal year of up to $184 million. Read 

Obama Takes on For-Profit Colleges Over Student Loans

Mar 14, 2014, 9:14 am EDT

After a previous student loans proposal defeat by a federal judge, the Obama administration is again trying to advance new rules to protect students from amassing sky-high levels of debt.

The new rules would cut off federal student aid programs to for-profit colleges and other schools that fail to provide job training to students who graduate. The training would have to be enough for students to land a salary to help pay off their student loans. Read 

Eric Holder Calls for Reduced Drug Sentences for Low-Level Offenses

Mar 13, 2014, 11:09 am EDT

Attorney General Eric Holder is pushing for reduced drug sentences for non-violent offenders. Source: mailto:letters@investorplace.com

Eric Holder is set to show his support for reduced drug sentences for traffickers that aren’t violent to the U.S. Sentencing Commission today. He is expected to talk about other programs that could be used as punishment, such as community service. Holder also claims that heavy sentences only serve to increase financial, moral and human cost, reports the Associated Press.

Eric Holder’s suggestions for new drug sentences could lower the average sentence for drug trafficking from 62 months to 51 months. Read 

Obama to Expand Who Is Eligible for Overtime Pay

Mar 12, 2014, 10:02 am EDT

President Obama is directing the Labor Department to revise its policies so that companies must pay more overtime to millions of workers — a move designed to push back against stagnant worker pay.

The president will make the executive request on Thursday. Read 

Dianne Feinstein Accuses CIA of Spying on the Senate

Mar 11, 2014, 2:50 pm EDT

Senate Intelligence Committee Chairwoman Dianne Feinstein is accusing the Central Intelligence Agency of spying on the Senate. Source: mailto:letters@investorplace.com

She’s saying that the CIA searched Senate committee computers without any prior notification. The agency allegedly tapped into files that aides were using to securely review CIA documents on its secret detention program.

“I have grave concerns that the CIA’s search may well have violated the separation-of-powers principles embodied in the U.S. Constitution,” Dianne Feinstein said in a speech on the Senate floor Tuesday. Read 

VIDEO: President Obama ‘Between Two Ferns’ With Zach Galifianakis

Mar 11, 2014, 2:32 pm EDT

Zach Galifianakis has interviewed everyone from Justin Bieber to Bruce Willis in his Funny or Die show Between Two Ferns. Source: Flickr

In the latest installment of the show, Galifianakis stepped up his game and interviewed President Obama. The video runs just over six minutes and it’s just as hilarious as the rest of the Between Two Ferns episodes.

Much like some of the other celebrities, Obama pokes fun at Galifianakis in order to upset him. Although everything is scripted, the faux interview is one of the funniest skits, featuring the president’s lighter side. Read 

1 5 6 7 8 9 202