Archive for September, 2009
September 6th, 2009 | 
Author: 
Marginal asked:
Suppose that the economy is in the midst of a recession. Which of the following policies would most likely end the recession and stimulate output growth?
A. a Congressional proposal to incur a Federal surplus to be used for the retirement of public debt
B. a reduction in agricultural subsidies and veterans’ benefits
C. a postponement of a highway construction program
D. a reduction in Federal tax rates on personal and corporate income
Roland Steczo
Suppose that the economy is in the midst of a recession. Which of the following policies would most likely end the recession and stimulate output growth?
A. a Congressional proposal to incur a Federal surplus to be used for the retirement of public debt
B. a reduction in agricultural subsidies and veterans’ benefits
C. a postponement of a highway construction program
D. a reduction in Federal tax rates on personal and corporate income
Roland Steczo
jaman asked:
or should I just call my cards and tell them I’m about to file BK to get reductions?
Kiersten Jaber
or should I just call my cards and tell them I’m about to file BK to get reductions?
Kiersten Jaber
grramadeb asked:
My wages have been garnished on a credit card debt. I disputed this and have been granted a hearing 03/13/07. I live from paycheck to paycheck and according to Federal Poverty Guidelines I am in poverty level. I would like advice as to what I need to take into court with me to either be exempted from garnishment or have a reduction. I can not afford an attorney and can not let my money go like this. As of now, they have already taken one payment from me which left me with not even enough money to pay my rent let alone gas, electric, water. I am at my wit’s end and don’t even know how I will eat for the next two weeks or put gas in my car to get back and forth to work. I am desperate for help with this.
Leopoldo Wayford
My wages have been garnished on a credit card debt. I disputed this and have been granted a hearing 03/13/07. I live from paycheck to paycheck and according to Federal Poverty Guidelines I am in poverty level. I would like advice as to what I need to take into court with me to either be exempted from garnishment or have a reduction. I can not afford an attorney and can not let my money go like this. As of now, they have already taken one payment from me which left me with not even enough money to pay my rent let alone gas, electric, water. I am at my wit’s end and don’t even know how I will eat for the next two weeks or put gas in my car to get back and forth to work. I am desperate for help with this.
Leopoldo Wayford
Posted in Personal Finance | 
Tags: Court Hearing, Electric Water, Paycheck To Paycheck | 
2 Comments »
Julie H asked:
WASHINGTON – President Barack Obama on Tuesday challenged Congress to pay for new increases in federal benefit programs as it goes rather than sink the nation deeper into a debt, calling it a matter of public responsibility. Republicans lashed back that Obama is no voice of fiscal restraint as the deficit soars.
WASHINGTON – President Barack Obama on Tuesday challenged Congress to pay for new increases in federal benefit programs as it goes rather than sink the nation deeper into a debt, calling it a matter of public responsibility. Republicans lashed back that Obama is no voice of fiscal restraint as the deficit soars.
The president’s plan would require Congress to pay for new entitlement spending, such as health care, by raising taxes or coming up with budget cuts — a “pay-as-you-go” system that would have the force of law. Under the proposal, if new spending or tax reductions are not offset, there would be automatic cuts in so-called mandatory programs — although Social Security payments and some other programs would be exempt.
Not noted by the president: Tuesday’s plan is a watered-down version of the so-called “PAYGO” rules proposed just last month in his own budget plan.
Harrison Ferris