Dispute Among Democrats Stalls Mortgage Aid Bill

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 [...]

foreclosure

$885 Billion Senate Stimulus | By Faxless Payday Loan Source

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 [...]

United States Senate

Report by Payday Loan Lender: GOP Won’t Budge on Stimulus Package

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 [...]

Republican Senator Susan Collins

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 [...]

Congress is working on legislation that will shape Obamas $825 billion stimulus plan.

Will Stimulus Work? Article by Your Payday Loan Source

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 [...]

Update on Obama’s Economic Plan | by Your Payday Loan Source

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 [...]

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Democrats Respond to Obama Address

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 [...]

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