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Click here to visit the new home of Politics Daily!At 8 a.m. today, the Oakland (California) Housing Authority began accepting applications for Section 8 assistance. People who want to request help through the rent-subsidy program need to act quickly: The list closes at 5 p.m. Saturday. Earlier in the month, Oakland Housing Authority director Eric Johnson told a local newspaper that he expected as many as 100,000 applicants. "We know that our families have been hard hit. We know there is a large need out there," he said. Indeed, this afternoon the Oakland Housing Authority website went offline briefly, perhaps because of heavy traffic. In ...
I've been thinking. How about expanding the wildly popular "Cash for Clunkers" program. Wouldn't it work equally well for the divorce business? ...
You know that typical commercial blather where Mr. or Ms. Announcer breathlessly says, "Act now, this offer is limited" or "Time is running out"? This is one of those rare times when it's really true. ...
The Chinese government announced today that it is cutting subsides on gas and diesel in the world's most populous nation, raising fuel prices between 16 and 18 percent overnight. The decision by the communist regime is intended to slow China's growing demand for oil and ease economic pressure on the central government, which like other world governments, was struggling to maintain the oil subsidies in the face of record prices, record demand, and growing consumption. The world price for a barrel of crude immediately dropped $4 on news of the move.The Bush Administration had joined other ...
In what is likely to prove an academic exercise, President Bush followed through on a threat and vetoed the recently passed 2008 Farm Bill. The $307 billion bill, officially titled the "Food, Conservation, and Energy Act of 2008," extends many of the incentive and subsidy programs established in the 2002 Farm Bill in an era of rising food prices and farming incomes. The president cited both in his veto message to Congress.At a time of high food prices and record farm income, this bill lacks program reform and fiscal discipline. It continues subsidies for the wealthy and increases farm bill ...
Amidst rising prices and record profits, Congress is set to pass a new round of subsidies and special protections for some of the largest corporations and richest people in the country worth close to $300 billion. But it is not a new energy bill loaded with tax breaks for oil companies, it's a new five-year Farm Bill containing direct payments and price supports for farmers who in many cases have seen their incomes skyrocket in recent years. The bill extends or increases many of the programs enacted in the 2002 version; but this time the White House is threatening a veto.President Bush ...
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