Tag Archives: personal finance

Will the increase in minimum wage help or hinder workers?

Posted on July 26, 2009 by FCA Admin

The minimum wage increased to $7.25 on July 24th.  However, many are questioning whether this will be a boost to workers considering the current economic climate.  Some economists are arguing that this is another stimulus for the economy.  But is … Continue reading →

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What is Making Work Pay?

Posted on April 11, 2009 by FCA Admin

Making Work Pay is a new tax credit as part of the American Recovery and Reinvestment Act of 2009.  It will give taxpayers a refundable tax credit of up to $400 for single taxpayers and $800 for married taxpayers filing … Continue reading →

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$200 Billion Consumer Credit Program

Posted on March 8, 2009 by FCA Admin

The Federal Reserve announced a new program called the Term Asset Backed Securities Loan Facility (TALF) to encourage business to extend credit to consumers and small businesses.  The program will allow the Federal Reserve to lend $200 billion to encourage … Continue reading →

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