A broad housing rescue package aimed at preventing foreclosures would have the government step in to insure up to $300 billion in new mortgages for struggling homeowners.
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The plan, designed to stabilize a key sector of the shaky economy, is set for a House vote Wednesday. It would let the […]
Entries Tagged as 'US Economy'
Housing Rescue Package Set for House Vote
May 11th, 2008 · No Comments
Tags: Loans · Mortgages · Lending · US Economy · Money
Tax Rebates Start Showing up in Bank Accounts
April 28th, 2008 · No Comments
The government began depositing tax rebate checks in thousands of bank accounts on Monday as the stimulus program aimed at giving the ailing economy a jump-start got under way early.
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The Internal Revenue Service started making the direct deposits on Monday with the goal of completing 800,000 payments each day […]
Tags: Income Taxes · Personal Finance · US Economy · Money
Fed Takes New Steps to Ease Crisis
March 16th, 2008 · No Comments
The Federal Reserve announced a series of new steps Sunday to help provide relief to a spreading credit crisis that threatens to plunge the economy into recession.
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The central bank approved a cut to […]
Tags: Government · US Economy · Money · Credit · Money Markets
Don’t Spend Your Rebate Just Yet
March 16th, 2008 · No Comments
Washington leaders have agreed on a $150 billion deal to stimulate the economy by giving workers rebates of as much as $600 or more.But it could be late spring or even early summer before Americans see any real cash.
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The goal for both Democrats and Republicans is to get […]
Tags: Personal Finance · US Economy · Money
Rebate Checks in the Mail by Spring
March 8th, 2008 · No Comments
The checks aren’t in the mail, but they will be soon. President Bush signed legislation Wednesday to rush rebates ranging from $300 to $1,200 to millions of people, the centerpiece of government efforts to brace the wobbly economy. First, though, you must file your 2007 tax return.
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More than […]
Tags: Income Taxes · Personal Finance · Government · US Economy · Money








