Article by Shaw Financial By Maya Jackson Randall, Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- U.S. President Barack Obama’s fiscal 2012 budget plan proposes a 2% jump in U.S. Justice Department funding, as the administration vows to crackdown on financial fraud and foreclosure violations.The proposal would provide the department $ 28.2 billion, representing a 2% … Read more
Article by Jack Smith Previously launched Obama’s making home affordable plan helped the homeowners facing mortgage foreclosure on a primary mortgage only. About half of these numbers have a Second Mortgage. The economic downturn has made many homeowners struggle with their monthly mortgage payments. You may be one of them who fear defaulting with payments … Read more
The Obama Administration has proposed a 2011 federal budget intended to steer the economy toward recovery and create new sources of revenue to reduce our country’s deficit. If enacted, the tax proposals in the budget would affect individuals, businesses, and estates. Individual Provisions Perhaps the most wide-reaching provision in the budget proposal allows the maximum … Read more
This Week in Health Reform: November 6, 2009 As we near the end of a busy week in Congress, WellPoint sent a letter to Congressional Members highlighting the detrimental impact of current legislation on our health care system. The letter focuses on the potential impact of the Affordable Health Care for America Act (HR 3962) … Read more
When healthcare reform legislation finally passed, several major corporations quickly moved to modify their earnings report. The claim from AT&T, Caterpillar, and others was that a provision in the law would increase their costs and hurt their profits. Specifically, their concerns involves the expiration of an existing tax break. That tax break has allowed companies … Read more