House Passes Stimulus Plan | Update from Your Payday Loan Source

Bill passes without Republican Support
Check your online payday loan store for regular updates on the nation’s economic stimulus plan.
President Barack Obama’s economic stimulus plan was put to a vote in the House of Representatives today, and the bill passed by a vote of 244 to 188. The current price tag [...]

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Wednesday, January 28th, 2009 by
Elizabeth Fairchild

Tax Cuts Pushed Through | Is Payday Loan Legislation Next?

Tax cuts clear House committee
Payday loan restrictions aren’t on the agenda for Congress yet; they have urgent work to do in order to fix the country’s failing economy. Today House Democrats began to push through legislation that will shape Barack Obama’s American Recovery and Reinvestment Plan.
The plan, estimated to cost [...]

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Congress is working on legislation that will shape Obamas $825 billion stimulus plan.
Thursday, January 22nd, 2009 by
Elizabeth Fairchild

Obama Faces Roosevelt Economy | By Your Payday Loans Source

New president faces woes similar to 1933
Long before there were payday loans, the United States suffered the Great Depression. In the midst of the intense recession, a new president was elected, and his focus right from the beginning was straightening out the economy. The nation faces a similar situation today. [...]

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Franklin D. Roosevelt was the last person to take over presidential office in the midst of a major recession.
Tuesday, January 20th, 2009 by
Elizabeth Fairchild