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alienating many lawmakers right from the start by seeming to ask for the moon — give us everything we want, with no oversight. This White House has long played political hardball, but this was not.

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On average, that means you would be left with about $26,000 before other expenses kicked in. Mortgages, auto loans, student loans, and credit-card debt are cumulatively at a record-high $13.5.

The federal government had promised .5 billion toward the cost and was so eager to get a “shovel-ready” project going to create jobs that it offered cheap loans to cover. income tax credit, which.

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But the bill also promotes some spectacularly bad public policy. Here we break down the proposal. Under current law, nearly anyone with student loans can subtract as much as $2,500 in interest.

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