The Texas Rangers are leading the World Series 3 games to 2 going into Game 6 Wednesday in St. Louis. The fact that the Cardinals will be playing at home is good for both the team and the town. The game will bring a welcome infusion of cash. As St. Louis Public Radio's Maria Altman reports, the unexpected sales tax revenues have already allowed the city to cancel expected furloughs for its employees.
On Tuesday, Texas Gov. Rick Perry unveiled his economic platform in hopes of giving a lift to his struggling presidential campaign. Perry's plan includes an optional flat tax that would let people file their returns on a form the size of a postcard.
The president's plan would help homeowners refinance with lower rates even if their homes are worth less than what they owe. This idea has been around for a while, and the economists who proposed it say it could work — if it's done on a larger scale. It depends on investor cooperation, they say.
One strip mall in Phoenix was foreclosed on in March, but things have turned around quickly since then. Although it was a big commitment for smaller store owners to move in without the critical large anchor store the complex needed, things are paying off after a gym and popular restaurant came in.
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