Archive for the ‘Politics’ Category
Tuesday, February 12th, 2008
Six of the largest US mortgage companies - representing about 50% of the current mortgae market - announced a plan today to suspend foreclosure proceedings on mortgages that are greater than 90 days past due. This pause would allow time to attempt renegotiation of mortgage terms. The plan ...
Posted in Mortgages, Politics | No Comments »
Monday, February 11th, 2008
Do We Have To Pay Back The Tax Rebate? Short Answer: NO. I have read a lot of misleading stories on the rebate portion of the Stimulus Bill. For instance, Liz Pulliam Weston, writing in MSN Money writes: To produce this cash, Congress created ...
Posted in Politics, Taxes | No Comments »
Friday, February 8th, 2008
The House and Senate passed the final version of the stimulus bill only three weeks after President Bush's initial proposal. The final plan will cost an estimated $168 billion versus the $150 billion cost of the House plan. The Senate plan included rebates for senior citizens and disabled veterans. ...
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Thursday, February 7th, 2008
UPDATE: The House and Senate have passed the final version of the Stimulus Bill. You can read the details in this post: Details on Final Stimulus Bill.
The Senate failed to pass their expanded version of the House stimulus plan last night.
From The Wall Street Journal:
Supporters of the Senate bill ...
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Monday, February 4th, 2008
I wanted to share this interesting graphic from The Wall Street Journal: It shows all Income and Expenses of the US Government as projected in President Bush's Fiscal 2009 budget, which begins October 1. 2008. As you can see, the projected ...
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Friday, February 1st, 2008
UPDATE: The House and Senate have passed the final version of the Stimulus Bill. You can read the details in this post: Details on Final Stimulus Bill.
As a follow up to my details of proposed stimulus bill post, the Wall Street Journal is reporting that changes passed by the ...
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Thursday, January 24th, 2008
Photo: Susan Walsh, AP
UPDATE: The House and Senate have passed the final version of the Stimulus Bill. You can read the details in this post: Details on Final Stimulus Bill.
Congress and President Bush appear to have made a final agreement on the contents of the forthcoming economic stimulus bill.
Highlights:
Tax ...
Posted in Economy, Politics, Taxes | 1 Comment »