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Tag: Work and Poverty

ACORN: Folding but not forgotten

ACORN might be folding, but that’s not enough to convince Sen. David Vitter that the anti-poverty group still won’t find ways to rig the...

Colorado Republican senators argue against expanding maternity coverage

DENVER-- State Senate Republicans today opposed a bill that aims to require insurance companies to provide individual-market plans that include maternity and contraception coverage. The bill passed a second reading with the support of Senate Democrats, but Republicans said it would drive up insurance rates and swell the ranks of the uninsured. One senator made an anti-abortion argument against the bill and one argued against it for personal financial reasons.

Lending business v. Plain old usury: Notes from the Colorado payday...

For six hours Monday in the packed Old Supreme Court Chambers of the Capitol before the House judiciary committee, lawmakers and lenders and borrowers...

First shots fired in Colorado payday loan war

DENVER-- Perhaps no issue will underline the divide separating state Democrats and Republicans this legislative session as well as the war to rein in the payday loan industry. That war saw its first real skirmishes Monday at the capitol when roughly 150 payday-loan business owners and employees rallied outside the building in advance of a hearing on a bill that seeks to cap payday interest rates and limit the infamous cycle of personal payday-loan debt the industry depends upon to generate millions in profits.

The ACORN scandal, then and now

This week the Brooklyn D.A.'s office concluded a four-month investigation into the controversial ACORN sting videos produced last fall and found no criminality carried...

GOP deficit crusade opposed by fiscal hawks

WASHINGTON-- Sen. Jim Bunning’s (R-Ky.) recent one-man stand against legislation extending unemployment benefits offered a high-profile airing of a popular GOP message: Deficit spending, in almost any form, will cause more harm than good to a fragile economy. Standing in the way of the Republicans’ reasoning, however, has been another formidable group: budget experts.

Bunning’s unemployment benefits blockade now a conservative rallying cry

WASHINGTON-- Sen. Jim Bunning’s (R-Ky.) blockade on extending temporarily unemployment benefits put the Tea Party movement in an unfamiliar position. Instead of nudging the Republican Party to take a stand, activists watched a politician pick an anti-government fight they didn’t even know existed.

State lawmakers seek to bolster consumer protections against collection agencies

DENVER-- The House passed legislation Monday meant to tighten guidelines on debt collection agency practices, offering Colorado debtors an added measure of protection from unscrupulous and illegal collection tactics at a time when more Americans are defaulting on credit card debt than ever before.

Credit card reform may push more Americans into payday loan hell

The Credit Card Accountability Responsibility and Disclosure Act, dubbed simply the "Credit Card Bill of Rights," was backed by the President and was written to protect consumers from abuses that have come to define the credit card industry. The Act went into effect Monday. Unless you have a perfect credit score, however, the law might not do anything to help you borrow extra cash at a fair rate anytime soon.

Stimulus officials seek help in extending super highway into digital darklands

There are people in Colorado and around the country who don't have access to broadband internet. Worse is that a lot of them, accustomed...