WEATHER IN LINCOLN COUNTY


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Bill in Congress takes aim at graduate students in college

University of Oregon
Business School
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A bill in the Congress is taking aim at graduate students in colleges across the country. The bill would put a heavy tax on graduate student grants or stipends to allow them to spend full time on their studies and to graduate and join the labor force ASAP.

But the GOP leadership in the Congress is under fire for pushing a tax reform bill that all but guarantees skyrocketing federal deficits as a result of their “updates” to our nation’s tax code. And they’re trying to find “savings” in the federal budget wherever they can. If passed, the reform bill would still further increase already large tax deductions for the increasingly wealthy top 1% of income earners.

Here’s more on this confusing issue from Oregon Public Broadcasting.

Click here for details

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