Measure was expected to pass this week
A scuffle between House Democrats has brought legislation to help debt-strapped homeowners to a halt. The bill would let bankruptcy judges reduce the principal and interest rate on mortgages.
The main point of contention centers on this question: Is it fair to help only those [...]
Thursday, February 26th, 2009 by
Elizabeth Fairchild
Senate releases pricey package
Your source for a no-hassle faxless payday loan fills you in on the Senate’s version of the economic stimulus plan.
Ranting Republicans have said the House of Representatives’ version of the economic stimulus plan was “embarrassingly” expensive. Still, the Senate has released its version of the plan, and [...]
Tuesday, February 3rd, 2009 by
Elizabeth Fairchild
Republicans stick to their guns
Your payday loan lender offers you updates on the economic stimulus package.
Yesterday Obama met with the entire Republican Conference to hear their ideas regarding the economic stimulus package. It was a rare move for any president, let alone a Democratic one. It signaled a change in [...]
Wednesday, January 28th, 2009 by
Elizabeth Fairchild
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 [...]
Thursday, January 22nd, 2009 by
Elizabeth Fairchild
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Your payday loan source keeps you updated on the nation’s financial news.
$825 billion economic stimulus package
House Democrats today summarized the much-awaited economic recovery plan, and the total bill now is set at $825 billion. The plan includes $550 billion for spending and state aid. The other $275 billion will come [...]
Thursday, January 15th, 2009 by
Elizabeth Fairchild
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Your payday loan source keeps you up-to-date on the nation’s financial news.
Obama faces opposition from Senate Democrats
President-elect Barack Obama unveiled his massive economic stimulus plan yesterday, and most of the resistance to the package seems to be coming from inside the Democratic party. In a closed-door meeting with Obama aides [...]
Friday, January 9th, 2009 by
Elizabeth Fairchild
It’s his party
But they’ll cry if they want to
After his economic address this morning, Barack Obama’s fellow Democrats made it clear that they don’t agree with all of the President-elect’s ideas. Obama ran into opposition within his own party regarding the proposed tax cuts included in the American Recovery and [...]
Thursday, January 8th, 2009 by
Elizabeth Fairchild