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The action followed more than a week of sometimes violent protests by students and labor unions against the increase, which the government says is necessary to comply with the terms of a credit package from the International Monetary Fund.
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Mexico's debt with the fund stems from a $40 billion credit package offered by the I.M.F., the United States government and other international lenders in 1995 after a sudden devaluation of the peso sent the economy into a dangerous plunge.
A typical package consists of the credit package, disclosures, the appraisal package and a list of what items are needed before closing.
It seems highly unlikely that the current Congress has the votes or the stomach to pass a major new jobs bill, except possibly for the middle-class tax credit package that the White House is now proposing.
Most senators have said they want any tax credit package to be paid for with increases in fees so it does not raise the federal deficit, already at record levels.
Update: PressDoc says you can use the promo code 'TECHCRUNCH' during sign-up – it will knock off 20% of your first credit package.
As out-of-state banks, like the ones in Texarkana, Texas, offer more flexible credit packages, businesses and owners of expensive homes will continue to decamp to the Texas side of the line.
Apart from charging for monthly job posts, Masterbranch is looking at several models including freemium, subscription and credit packages for searching for, reviewing and contacting candidates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com