WASHINGTON, D.C. – As students across the country are making decisions about going to college, many families are feeling the crunch of this economic crisis and worrying about how they will pay college tuition. U.S. Senator Claire McCaskill wants Missourians to know about a $2500 annual tax credit and other financial aid increases included in the American Reinvestment and Recovery Act that can make college tuition more affordable.

WASHINGTON, D.C. – President Barack Obama today signed into law a bill introduced and championed by U.S. Senator Claire McCaskill (D-MO) and Chuck Grassley (R-IA) that will significantly strengthen oversight of the $700 billion financial rescue plan.  The new law increases the power and authority of the Special Inspector General (IG), a position created to oversee the Troubled Assets Relief Program (TARP) funds that passed last October.

WASHINGTON, D.C. – As Americans are feeling the crunch of this economic crisis, many potential first-time homebuyers are putting their plans on hold. However, U.S. Senator Claire McCaskill says that the combination of an $8,000 federal tax credit offered through the American Reinvestment and Recovery Act of 2009 (ARRA) and an advance loan program through the Missouri Housing Development Commission (MHDC) can put the American dream back within reach.

WASHINGTON, D.C. – Today, Chairman Claire McCaskill and Ranking Member Susan Collins convened the first hearing of the Subcommittee on Contracting Oversight, to focus on the challenges that exist for Inspectors General (IG) to investigate waste and fraud in federal contracting. Four Inspectors General testified, citing a broad range of areas where improvements could be made toward their ability to seek out and prosecute abuses.

WASHINGTON, D.C. – As people prepared their taxes this year, many families and small businesses across America were hoping to find ways they could save money amid the economic crisis. U.S. Senator Claire McCaskill wants Missourians to know about all the ways the American Reinvestment and Recovery Act will help keep a little extra cash in their pockets over the coming months and during the next year’s tax season. Approximately 40 percent of recovery spending was in the form of tax relief and one third of the total spending goes back into the pocket of American taxpayers.