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Payday Loans Criticized at Grassroots Rallies in U.S.

Payday Loans Criticized at Grassroots Rallies in U.S.

  Grassroots activists calling for stronger government limits on the payday loan industry took their message on Tuesday directly to the source: They protested in front of payday loan businesses at events in at least 10 states. Their “ask” was straightforward: The federal government needs to protect consumers from an industry in which critics say [...]
Alabama’s Poor are Forking Over Bigger Share in Taxes  In Alabama, people earning the least amount of money – or less than $17,000 per year – are paying twice the rate in taxes compared to wealthier residents, a state public policy organization reports.  One result, according to Arise Citizens’ Policy Project (ACPP): Low-income families are slipping into greater poverty at a time when [...]
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The Full Text: Pres. Obama’s State of the Union AddressText of President Barack Obama’s State of the Union address Tuesday night, as prepared for delivery and provided by the White House: ___ Mr. Speaker, Mr. Vice President, members of Congress, my fellow Americans: We are 15 years into this new century. Fifteen years that dawned with terror touching our shores; that unfolded with a [...]
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U.S. Prepares to Limit Payday Loans (en Español)They’re marketed as a simple way to tide a borrower over to the next paycheck, but payday loans can have devastating effects. Millions of Americans get caught in what consumer rights advocates – and the U.S. Department of Defense – call the “payday loan debt trap,” which is when lenders make loans borrowers cannot afford [...]
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Raise Your Voice About the State of the Union in 2015  The country still has 45 million people living in poverty – and the numbers are actually higher depending on how you count. This year, partisan gridlock remains very likely in Congress. Yet, working families, poor people and hundreds of millions of others in the country want better lives, stronger cities and policies that will [...]
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Calif. Surplus Budget Skips Social Services for SavingsSACRAMENTO, Calif. (AP) — Ever mindful that the next economic downturn could be right around the corner, Gov. Jerry Brown released a record $113 billion California spending plan on Friday that resists calls for expanding social services and instead dedicates billions for paying down debt and saving for a rainy day. “We saw the boom [...]
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Will Texas Voting Plan Weaken Latino Representation?PASADENA, Texas (AP) — When the movie “Urban Cowboy” made this refinery town famous in 1980, the honkytonk Gilley’s was booming and wannabe cowpokes from the White Houston suburbs flocked here to drink and dance. Houston was the big city, but Pasadena was for kicks. Today, Pasadena is a mostly working-class Hispanic suburb that looks [...]
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Loretta Lynch Nominated as U.S. Attorney GeneralWASHINGTON (AP) — President Barack Obama has chosen federal prosecutor Loretta Lynch to be the next attorney general, sending a Washington outsider as a high-profile confirmation test amid a power shift in the Senate. Obama announced Lynch’s nomination Saturday at a White House event that was quickly arranged after news organizations reported her selection Friday. [...]
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Election 2014: Voters Spoke Loudly. Will Leaders Listen?On Nov. 4, pundits and politicians across the country defined the election as a repudiation of the current administration’s policies. Others viewed it as an affirmation of the Republican promise of smaller government. Everyone spoke for the people. But is anyone listening to the people? Newly-elected Congresswoman Mia Love of Utah said it the best [...]
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Latino Turnout Seen as Crucial for Election 2014WASHINGTON (AP) — First-time congressional candidate Norma Torres tells people in her Los Angeles-area district that there is no more critical time to vote than now, even as she acknowledges “great disillusion” may cause many Hispanics to sit out Election Day. “There’s nothing sexy on the ballot, no ballot measure to mobilize people” said Torres. [...]
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