Record-High Deficit Makes Americans Use Short Term Loans
Deficit high
Short term loans are a popular option with Americans as the deficit reaches record highs. Budget deficit totals were released, and the federal deficit has surpassed $1.8 trillion, according to the White House. That’s more than four times last year’s high. It’s reached this level because the stimulus package [...]
California Budget Thwarted by Voters
California budget measures voted down
Governor Schwarzenegger had high hopes when he laid out plans in the California for out to deal with his state’s huge deficit.
Turns out his hopes were too high. Voters rejected the California budget measures by a pretty hefty margin.
Read their lips: no new sales tax
One measure [...]
Obama Reveals Budget Proposals
More money slated for struggling banks
President Barack Obama unveiled his budget plans for 2009 and 2010 today. Some of the big items for this year include $410 billion for federal programs and dedicating $250 billion to bailing out banks. This is in addition to the $700 billion TARP fund.
Big budgets
The [...]
Ford Struggles, Won’t Take Handout | By Payday Loan Source
Ford tough, but for how long?
Your payday loan source admires the spirit Ford is showing.
In the aftermath of the recent automobile industry bailout, Nick Bunkley of the New York Times reports that Ford suffered their worst sales year ever in 2008. They lost $14.6 billion, yet they did not take [...]
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