Archive for the ‘Politics’ Category

Big Mortgage Lenders To Pause Foreclosures

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 ...

Do We Have To Pay Back The Tax Rebate?

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 ...

Details on Final Stimulus Bill

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.  ...

Latest News On The Stimulus Bill

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 ...

Where Do Your Tax Dollars Go?

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 ...

Stimulus Bill Likely To Be Unchanged By Senate

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 ...

Details of Proposed Economic Stimulus Bill

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 ...