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Economy

Econ 101: February 17, 2012

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • How U.S. taxpayers will subsidize the foreclosure fraud settlement. [Financial Times]
  • A €130 billion bailout of Greece that European leaders hope to finalize Monday will contain “unprecedented” controls for the EU over Greece’s spending. [Financial Times]
  • Congress is planning to auction public airwaves, letting them be used for broadband service, in order to pay for an extension of the payroll tax cut. [New York Times]
  • But rising gas prices may blunt the payroll tax cut’s effect. [CNBC]
  • President Obama is calling on Congress to fund an $8 billion program incentivizing community colleges to train students for high-growth industries. [Washington Post]
  • The share of American workers in the science and engineering field fell over the last decade for the first time since the 1950s. [Wall Street Journal]
  • Every state in the U.S. is failing to provide enough low-income rental housing units, according to a report by the National Low Income Housing Coalition. [Huffington Post]
  • The Obama administration is set to announce streamlined financing for U.S. exporters. [Reuters]

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