The federal government is considering reducing the outsized role it has been playing in insuring mortgage securities since taking over Fannie Mae and Freddie Mac in 2008, and passing credit and mortgage risk back to the private sector.
Senate backed new interest rates in the name of achieving a bipartisan compromise to keep college affordable. But Renee Davis, director of student affairs for the Nevada System of Higher Education, said “But in a few years, the interest rate could easily go up — and that’s going to be more money that students will have to pay back after they leave school.”
To make a point about the value of spending on foreign aid and development, former Secretary of Homeland Security Tom Ridge, a man versed in the intricacies of foreign and domestic policy, invoked Tom Hanks.
CARSON CITY — Gov. Brian Sandoval opposes new taxes, but he has no reservations about boosting fees or imposing new ones for state water permits. Sandoval’s budget includes an increase in fees of $1 million over to next two years for services provided by the state Engineer’s Office. In most cases, the fees are raised by 20 percent.
CARSON CITY — Tyrone Thompson Appointed to Replace Steven Brooks Launch slideshow » Tyrone Thompson, a coordinator of homeless services for Southern Nevada Regional Planning Coalition, was sworn in today to represent Assembly District 17, which has been vacant for nearly a month following the ouster of troubled lawmaker Steven Brooks.
After a few years of being the point man on almost every bill that came through the Senate, Reid has stepped off to one side, passing the spotlight on major negotiations to the most trusted Democrats on his leadership team.
D. Taylor, president of UNITE here, spoke out about his fears that this Obamacare will affect all employees not just unionized. Union leaders are concerned that provisions of Obamacare could inadvertently lead to employers cutting hours for workers, dropping insurance coverage and bankrupting unions’ self-insured health plans.
The Legislature’s attempt to craft an entertainment tax in 2003 read a little bit like the children’s story of the hen who couldn’t persuade her barnyard animal friends to help her gather and grow grain for the winter. Lawmakers then considered a proposal by the Nevada Taxpayers Association to tax admissions to nearly every form of entertainment and recreation.
CARSON CITY — It’s Old Timers Day at the Nevada Legislature, and the state Senate recognized Wilbur Faiss who, at 101 years old, is the oldest living former member of the body. A resolution adopted by the Senate said Faiss, of North Las Vegas, focused during his two terms on issues of working men and women, senior citizens, education, civil rights and the protection of the environment.
CARSON CITY — Sun coverage More political news More stories from the 2013 Nevada Legislature Few times in the history of Nevada have its people ever lauded its Legislature for rapid, courageous progress. More often, people complain about inaction in the face of persistently poor high school graduation, unemployment, suicide and crime rates. They ask: Why in the world don’t politicians just fix the state’s problems?