By Rachel Goldfarb, originally published on Next New Deal
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How Timothy Geithner Failed His Stress Test (AJAM)
Roosevelt Institute Fellow Mike Konczal reviews Geithner's memoir and Atif Mian and Amir Sufi's House of Debt, raising questions about Geithner's focus on banks instead of the housing bubble.
Larry Summers: Student Debt Is Slowing the U.S. Housing Recovery (WSJ)
Roosevelt Institute Senior Fellow and Chief Economist Joseph Stiglitz concurred with Summers, calling the cost of higher education a crisis that is holding back the economy, reports Josh Mitchell.
Fed Panel Has Begun to Address How to Gradually Raise Rates (NYT)
Nelson D. Schwartz writes that the Fed is keeping its options open for tightening monetary policy amid concerns that inflation is still below target and the housing sector remains weak.
100 Arrested Near McDonald's Headquarters in Protest Over Low Pay (The Guardian)
Yesterday's protest of more than 2,000 people was met by police in riot gear, reports Dominic Rushe, and led to the shutdown of one building on the McDonald's corporate campus.
Republicans and Democrats Just Wrote Some Actual Legislation Together (Vox)
The legislation, which reorganizes federal jobs training programs, isn't exactly groundbreaking, says Libby Nelson, but it's still nice to see actual bipartisan action.
In Yesterday's Primaries, It Was Money That Mattered (TAP)
Paul Waldman points out that in the five major contested races on Tuesday, all of the results, including margins of victory, could be predicted by looking at fundraising.
U.S. Corporations Are Exploiting a Huge Tax Loophole, but the GOP Doesn't Want to Close It (TNR)
Proposed legislation would make it harder for U.S. companies to avoid taxes by merging with foreign firms, says Danny Vinik, but with no GOP support it isn't going anywhere.