Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

Friday, September 28, 2007

Congress Temporarily Avoids Government Shutdown

Thought this was interesting to post since I work for the federal government. I remember when there were spending issues before and an aunt of mine who works for social security had to go without pay because both parties could not make up their minds on how to fix the budget.

Now all this money is being finagled. Bush wants half to still be spent on the war and Democrats want more funding at the home front. WHO do you think I am siding with????

I wish that this war would end soon. It has so many mistakes and false claims made. Another Vietnam. Not in regards to soldiers' lives but just what it has cost a foreign citizenry and what is costs us emotionally, our $$$$$$$$$ and our reputation overseas. It feels like this administration KNOWS it is wrong but DOES NOT CARE! Some that serve in the highest offices seem to only want more money in their pockets, to irradicate people who believe differently in themselves and curtail those who believe that our government was wrong to go into Iraq.

I love my country so very much and it hurts to see what is happening to it. I want peace, I want for us to be respected again for all of our accomplishments, for what we did in the past to promoting science, medicine, and education, being on the forefront of space, technology....I love how we as a people are from so many ethnic varieties, creeds.........we are what make this country great. WE the citizens!

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WASHINGTON (Reuters) - The Senate on Thursday passed and sent to President George W. Bush a temporary spending measure to keep the federal government running through November 16, giving Democrats and Republicans time to work out budget disagreements.
By a nearly unanimous vote of 94-1, the Senate approved the bill that is designed to avert government shutdowns that could have begun as early as next Monday if agencies ran out of money on the first day of the new fiscal year.
The legislation, which Bush is expected to sign into law, is needed because Congress failed to complete any of the 12 regular spending bills to fund government programs beginning October 1. The U.S. House of Representatives approved the temporary funds on Wednesday.
As they put off crucial spending decisions, the Senate on Thursday also agreed to raise the government's credit limit by $850 billion to $9.815 trillion. The added borrowing authority is needed because of huge budget deficits during Bush's presidency.
Over the next seven weeks, Democrats in Congress and the Bush administration are expected to negotiate over how much money should be spent next year on law enforcement, health care, education, domestic security, foreign aid and an array of other programs.
In his February budget plan, Bush asked for $933 billion for these programs, which must be renewed by Congress each year. He said any spending over that line would be vetoed.
Nearly half of the money Bush requested would fuel the military, including Pentagon weapons procurement. But it does not include the $189 billion Bush more recently has sought to pay for the Iraq and Afghanistan wars.

Senate Majority Leader Harry Reid, a Nevada Democrat, told reporters Congress will send three spending bills soon to Bush to "see what he does with them."
Democrats, who won control of Congress in last November's elections, want to add about $22 billion to Bush's request for these mostly domestic programs, saying they were shortchanged during six consecutive Republican budgets.
In an attempt to rally support, Democrats have contrasted the $22 billion with Bush's $189 billion war request for next year.

http://mj.z1077.com/cc-common/news/sections/newsarticle.html?feed=104668&article=2716516

Friday, July 6, 2007

The American Dream Program


I am a single mom also a veteran and Hispanic. I want to aquire my own home, have a safe haven so to speak. Something I can decorate to suit my tastes. I am doing research in trying to make this dream come true and for those interested found this article:

St. Louis, MO – U.S. Housing and Urban Development Secretary Alphonso Jackson and Mayor Francis G. Slay announced that affordable new homes will rise in St. Louis thanks to a new $15 million public-private venture launched by a collaboration of housing industry leaders. Freddie Mac (NYSE:FRE), U.S. Bank, Pulaski Financial Corporation, Mary "One" Enterprises/ Mary "One" Home Team Realty, Beyond Housing/Neighborhood Housing Services of St. Louis, Mother's Way/Opportunities Industrialization Centers of the Midwest forged an alliance to create an innovative approach to homeownership called Catch the Dream St. Louis.

Catch the Dream St. Louis is designed to expand affordable homeownership opportunities in the St. Louis area, especially for moderate-income and minority families. The new initiative will provide access to special low-downpayment mortgages with flexible credit terms, proven homeownership education and counseling programs, and HUD funds earmarked for helping qualified borrowers with downpayments and closing costs.

"Freddie Mac plays an important role in helping families realize their dreams of homeownership," said Housing and Urban Development Secretary Alphonso Jackson. "We look forward to Freddie Mac's continued emphasis on making affordable housing available to the underserved persons in our nation – those who have been shut out of homeownership in the past."

"All families deserve access to decent, safe and affordable housing," said Senator Kit Bond, Chairman of the Senate Appropriations Subcommittee that funds the Department of Housing and Urban Development. "It will be exciting to watch this new partnership in St. Louis transform the lives of so many families. I will continue to work to find innovative ways to expand the dream of home ownership to more families in Missouri and nationwide."
http://www.freddiemac.com/news/archives/afford_housing/2004/catchthedreamstlouis_060404.html