Obama Plan Aims to Aid Small Businesses
Banks urged to lend
President Barack Obama today announced a plan to help get “the heart of the American economy” beating regularly again. Much of the effort is aimed at encouraging banks that received bailout money to give small business loans.
Why small businesses?
Obama stressed that small businesses were responsible for 70 [...]
Indiana Unemployment Fund Goes Bankrupt
State runs out of benefits
Indiana unemployment hit 9.2 percent in January. That’s more than a full percentage point higher than the national rate. It’s also just shy of the dreaded double-digit mark, which has already hit in Michigan, Rhode Island, California and South Carolina.
The state’s unemployment benefits fund has already [...]
United Technologies Plans to Cut 11,600 Jobs
Major tech company feeling the crunch
United Technologies Corp., maker of Otis elevators and Carrier air conditioners, says it will slash 11,600 jobs worldwide. The company is struggling with lower sales and profits.
Chief Executive Officer of United Technologies Louis Chenevert says the company had been expecting an economic recovery during the second part [...]
Unemployment Passes 8 percent mark
Rate highest in 25 years
Unemployment in the U.S. has now hit 8.1 percent, the highest it has been in 25 years. The economy has lost about 3.3 million jobs in the past six months.
Bad months
December job loss was the highest it has been for a one-month period in 59 years, [...]
SCAM WATCH: Don’t Buy into Economic Stimulus Cons
Scams spring up promising stimulus
If you spend a lot of time on the Internet, you have probably seen the ads promising you can “get your $12,000 stimulus check!” Many even feature a picture of Barack Obama.
The Federal Trade Commission has a message for anyone who has thought of clicking on [...]
Republicans Lash Out at Budget Plans
Stage is set for budget battle
Republicans are once again throwing around the s-word — that’s right, socialism.
Of course, the rhetoric is aimed at President Barack Obama’s budget plans. With $410 billion dedicated to spending on government programs and a push for universal health care, it’s to be expected.
Harsh words
It’s been [...]
Obama’s Quick Loans Headed to States in Two Days
States get aid Wednesday
Now that the economic stimulus package has passed, President Barack Obama is wasting no time sending quick loans to states to cover Medicaid.
Medicaid supplements medical costs for poor people who don’t get health insurance through their employers.
Wasting no time
Obama is very specific about when states will get [...]
After String of Quick Loans, Obama Plans to Shrink National Debt
President says he’ll cut deficit by two-thirds
After he handed out billions of dollars in quick loans to banks, auto retailers and the nation as a whole, President Barack Obama’s next goal may surprise you. He plans to cut the annual deficit by two-thirds in the next four years.
Big plans
At the beginning [...]
Businesses Can Get Quick Loans from SBA through Stimulus Package
Help for small businesses
Thanks to one of the programs set up through the economic stimulus package, small businesses that are struggling will be able to get quick loans of up to $35,000 through the Small Business Association.
SBA prepares for quick loans
Congress has given the SBA only 15 days to issue guidelines [...]
Will Republican Governors Turn Down Easy Loans From Feds?
GOP ideals say don’t take easy loans
Some Republican governors are considering whether they will take easy loans from the Obama administration.
After all the clamouring about the disastrous economy and passing the economic stimulus package, it looks as though some GOP members would rather stick to party ideals instead of using [...]
Obama Signs Economic Stimulus Package | Cash Advances On the Way
Cash Advances headed to states, people
President Barack Obama has signed the $787 billion economic stimulus package, and cash advances should start flowing into state budgets soon.
Obama signed the bill today in Denver at the Museum of Nature and Science. The bill will give tax breaks to individuals and businesses and [...]
Oil and Gas Prices Go Up | Payday Loans Can Help at the Pump
Payday loans cheaper than missing work
If you drive an SUV or other gas-guzzling vehicle, you might want to read up on payday loans in case you need one to fill your tank.
Oil prices rose today shortly after the House of Representatives approved the economic stimulus package. Gas prices also have [...]
Economic Stimulus Package, Personal Finances and Payday Loans
Help with payday loans
It’s possible the economic stimulus package will bring down the high number of payday loans that have been issued lately. Many of the measures in the economic stimulus package will benefit individuals in certain situations, just as payday loans can help people in special cases.
Here are some [...]
Stimulus Ready for Obama | Economy to Get Cash Advances
Cash advances coming soon
Cash advances should be headed to states and programs soon. The only signature still needed on the economic stimulus package is the president’s.
The House of Representatives approved the bill with a 246-183 vote. At 10:48 ET, the Senate voted 60-38, barely passing the bill.
Cost cutting
The bill in [...]
Congress Reaches Stimulus Deal | States to Get Cash Advances
Bill will give states a payday
States facing budget shortfalls could get big cash advances when President Barack Obama signs the economic stimulus bill.
The U.S. Senate and House of Representatives reached a consensus today on the stimulus package. The two houses are expected to hold final votes on the package before [...]
Lower Tax Cuts May Mean More Instant Payday Loans
Economic stimulus package shrinking
If changes to the economic stimulus package go through, more people might end up needing instant payday loans because they need cash in a hurry.
Yesterday the U.S. Senate passed an $838 billion version of the economic stimulus package, and today Congress is working to lower the cost [...]
Cash Advances Cancelled for Some in Stimulus Package
No payday coming for some organizations
Many organizations and causes expecting cash advances through the government’s massive economic stimulus package will have to wait for other bills to come along. During the course of the debate so far regarding the stimulus package, a total of 41 items have been cut from [...]
No Loans or Payday for Many Causes in Economic Stimulus Package
Payday won’t come for these causes
Many causes that need loans won’t see a payday from the government from the economic stimulus package. You can see the full list of items that got cut here at CNN.com. I have chosen to write about a few items that deserve special attention, for one [...]
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Quick Payday Loans Source Asks: Will Stimulus Items Stimulate?
Are there ‘ridiculous items’ in stimulus plan?
Personal Money Store offers quick payday loans and explores questions about the government’s economic stimulus package.
Countless Republicans, and some Democrats, railing against President Barack Obama’s economic stimulus plan. At least one newspaper columnist has a few choice words of his own. One of those [...]
New Tactic For Stimulus Support | By Online Payday Loan Source
Obama seeks help from governors
Your online payday loan store brings you updates on the economic stimulus package.
After every Republican senator in the House voted “no” on Barack Obama’s economic stimulus package, the president is calling in reinforcements. Although the House passed the bill thanks to the Democratic majority, Obama is [...]
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