Viewsday

Analysis, discussion and opinions by members of Newsday's editorial board.

Bessent: GOP and Democrats should get together on student loan rates

The dome of the U.S. Capitol. (April 15,

(Credit: Getty Images)

A Congress that can't manage to do much of anything should avoid the need to do some things over and over again. That includes what's become an annual fight to make sure the interest rate on college student loans doesn't double.

Nobody wants that to happen, least of all the millions of students with little choice other than to pile on debt. But the rate on subsidized Stafford loans will bound...

Read more »

Bessent: Detroit needs help just like municipalities around the nation

Michigan Gov. Rick Snyder announces he will appoint

(Credit: Getty Images)

The city of Detroit has been on the skids for decades, and Friday it finally tumbled into the financial abyss. Michigan Gov. Rick Snyder announced he would appoint an emergency manager to take over the city’s troubled finances.

A booming auto industry hub of 1.8 million people in the 1950s, Detroit now has just 700,000 residents. With boarded-up homes, darkened streets, high crime, inadequate...

Read more »

Filler: Tom DiNapoli on socially responsible investing, pension costs and debt

State Comptroller Thomas P. DiNapoli on March 14,

(Credit: Newsday / Audrey C. Tiernan)

New York State Comptroller Thomas DiNapoli was at Newsday for an editorial board meeting Thursday morning.

A former Long Island assemblyman, DiNapoli is in charge of the state’s pension funds, and also runs an office that oversees the state’s spending and contracts and does some of the same for local governments and authorities.

An affable and friendly guy, DiNapoli generally doesn't...

Read more »

advertisement | advertise on newsday

advertisement | advertise on newsday