Category Archives: Government Programs
Taxpayers Could Owe Stimulus Money Back to Government
I guess Uncle Sam never learned that it’s not polite to take back a gift. Recently it was announced that up to 15 million taxpayers could owe money from a tax credit back to the government come tax season. So what happened exactly? Under the Making Work Pay part of the stimulus package, employed Americans… Read More »
Loan Modification Program Hits Target, But Is It Enough?
The economy might be recovering, but we’re not out of the woods yet – especially when it comes to foreclosures. Even though a $75 billion government anti-foreclosure program recently reached its goal of helping 500,000 folks get loan modifications, that’s only one-eighth of the 4 million homeowners it originally set out to assist. And while… Read More »
Cash for Clunkers Might Not Be Such a Good Deal
It’s official – the Cash for Clunkers program is a hit. But while that might be good news for the ailing auto industry, it’s not necessarily good news for consumers. In case you’re not familiar with the program, here’s how it works. When you turn in a low-mileage vehicle for one that meets higher-mileage guidelines… Read More »
Consider the Real Cost of Cash for Clunkers
Thanks to the new government incentive program Cash for Clunkers, we might be seeing a lot more hybrid and other low-mileage vehicles on the streets – and that’s both good and bad. It’s good for the auto industry, because it spurs people to buy more cars. And it has potential to be good for the… Read More »