Friday, September 26th, 2008
The earlier bailout bill, the Housing and Economic Recovery Act of 2008 (HR 3221), created the Neighborhood Stabilization Program. The bill allocated about $3.9 billion to the states to help deal with foreclosures. The United States Department of Housing and Urban Development (HUD) was given 60 days to develop an ...
Posted in Uncategorized | No Comments »
Monday, September 15th, 2008
The San Francisco Chronicle is reporting
Legislative leaders reached a spending compromise Sunday, potentially ending a record-breaking budget impasse with a plan that includes no new taxes or borrowing, but raises additional revenue by earlier collection of some taxes to help erase a massive deficit.
This morning on KCBS-AM radio, Assembly Speaker ...
Posted in News | No Comments »
