(Adds details on funding request, background, adds quote from head of Senate appropriations panel) WASHINGTON, Sept 1 (Reuters) – U.S. President Donald Trump has asked Congress for an initial $7.85 billion for Hurricane Harvey recovery efforts, the White House budget director said on Friday, adding that failure to raise the budget ceiling may hinder disaster…
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Sept. 1, 2017 5:30 a.m. ET WASHINGTONWidespread support on Capitol Hill for Hurricane Harvey relief aid could help ease passage of high-stakes fiscal legislation that Congress must approve in September, lawmakers and analysts say. As Texas and Louisiana began to regroup after the storms record rainfalls, both Democrats and Republicans said they hoped to pass…
WOULD you credit it? Our borrowing has risen to such record levels that charities are warning that we are risking a serious debt problem. Credit taken out in the year to July grew by almost ten per cent, new figures from the Bank of England revealed this week. The average household owes £7,413 in unsecured…
Citizens Advice said that nearly one in five people struggling to pay their existing debts had seen their credit card limit increased higher than for cardholders in general. The news comes just months after it emerged that more than 700 people in Shropshire contacted debt charity StepChange for help with debts totalling £11.4 million during…
Hurricane Harvey may help Congress delay a possible U.S. government shutdown and avoid a costly fight over raising the debt ceiling. Congress is seen as likely to combine emergency aid for Harvey victims in September with stopgap government funding and a debt-limit increase. That could help Republican leaders persuade President Donald Trump and restive conservatives…
by: Lisa Pemberton, The News Tribune Updated: Aug 30, 2017 – 1:50 PM For families who dont qualify for the free or reduced lunch program, the cost of school lunches can be a struggle. But theres an effort to wipe away lunch debt in many of the states schools. Related Headlines As of Wednesday morning,…
Zimbabwe’s budget deficit will increase by nearly $US120 million this year due to a maize subsidy, Reuters calculations show, in a scheme critics of President Robert Mugabe say will be open to abuse and saddle a troubled economy with more debt. Facing an election in 2018, Mugabe says the subsidy will make Zimbabwe self-sufficient in…
One in five people struggling with debts has seen their credit card limit automatically increased – a higher proportion than for cardholders in general, a charity has claimed. Citizens Advice said 18% of those struggling financially had seen the limit increased without request, compared with 12% overall. It wants a ban on increases without a…
Before we begin, let us all stipulate to two facts: 1) Senate Majority Leader Mitch McConnell is good at one thing and one thing only: obstructing a Democratic president; and 2) Speaker of the House Paul Ryan, the zombie-eyed granny starver from the state of Wisconsin, is a truly terrible politician on almost every level…