Originally published on Wed April 10, 2013 11:46 am
UPDATE at 11:05 a.m. ET: Obama: Growing Economy, Shrinking Deficits Both Possible
President Obama unveiled his 2014 budget proposal Wednesday, calling it a "fiscally responsible blueprint" that can help grow the economy and shrink deficits.
The president said his plan addresses the debate about how to expand the economy while reducing government red ink: "This budget answers that argument because we can do both," he said at the Rose Garden.
The federal government each year gives needy college students billions of dollars they don't have to pay back — $34.5 billion to be exact. More than 9 million students rely on the Pell Grant program. But a new study says much of the money is going to people who never graduate.
Sandy Baum, an expert on student financial aid, has been leading a group in a study of the 48-year-old Pell Grant program. Their report, commissioned by the nonprofit College Board, confirms what many have known for years about grant recipients.
Television is going to the dogs. The satellite company DIRECTV recently introduced DOGTV to its line up. The channel, just for canines, will cost humans 5.99 a month. The programs feature soothing music and animations. DOGTV's CEO says this helps ease the loneliness and boredom that pets feel when they're left at home all day.
Hey, what do you think?
(SOUNDBITE OF A DOG BARKING)
GREENE: What's that, boy? You'd rather have a dog station on the radio?
Originally published on Wed April 10, 2013 10:23 am
North Korea's next provocative move — the test firing of a medium-range ballistic missile — could happen at any moment, according to South Korean officials.
Bloomberg Businessweek reports that "the possibility of a ballistic missile launch is 'very high' and 'may materialize anytime from now,' South Korean Foreign Minister Yun Byung Se told lawmakers in Seoul today."