The Great Recession and the joblessness that came with it is reflected in the latest Census figures showing that one in seven Americans were living in poverty last year. It’s the highest rate since 1994 but still lower than some experts had feared with millions of newly unemployed. The Census Bureau estimated that expanded unemployment benefits helped keep 3.3 million people out of poverty last year. Source Link
What would the end of those Bush-era tax cuts cost you? A new analysis says a family of four making $50,000 a year would pay nearly $3,000 more in income taxes per year. President Obama wants to extend the tax cuts those making less than $250,000 a year. Republicans and some Democrats want to extend all the tax cuts that are set to expire at the end of the year. Source Link
Looking for an out-of-this-world vacation? How about booking a spaceflight? Boeing is selling tickets on its planned spacecraft that will take up to seven people on a trip to the International Space Station. Boeing hopes to have the craft ready in about five years, so you’ll have time to save up for the 10-day trip that costs $35 million. Source Link
