Debt plan would tamp down COLA

Military retirees, Social Security recipients and others drawing federal payments were tempted to grumble at Congress or the White House when the past two Januarys brought no cost-of-living adjustment. The real culprits were a deeply distressed economy, which drove prices down, and a logical process, set up 40 years ago, to track inflation and adjust […]

Federal program aimed at helping homeowners with mortgage payments

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Alisa Boswell Eastern New Mexico residents may soon benefit from a new federal loan program called The Emergency Homeowner Loan Program. The program is geared toward low-income homeowners who are struggling with mortgage payments. It grants loans ranging from $35,000 to $50,000 per homeowner. Kim McGrigg, spokesperson for Money Management International, one of the multiple […]

Debt Dilemma: Interactive media on the federal budget and deficit

Press release: Federal help available for local business

In an effort to combat the high unemployment rate and frozen credit markets, President Obama signed into law the Small Business Jobs Act late last year. The federal government has distributed several million dollars to Small Business Development Centers across all fifty states to help small business begin exporting and increase sales overseas. In New […]

Press release: Federal help for wildfire victims

USDA Rural Development State Director Terry Brunner announced today that New Mexico families of moderate to low-income levels whose homes were damage by recent wildfires may apply for federal funds to offset costs to rebuild or repair their homes. As well, communities may apply through USDA to replace or repair community facilities or acquire equipment […]

Federal programs offering assistance

Federal programs are offering help to those affected by recent wildfires. Services offered include help for the direct loss of homes, infrastructure, community facilities, crops, livestock, and processing facilities, according to a press release from the USDA. For information, contact: z Farm Service Agency (505) 761-4900 www.fsa.usda.gov/nm z Natural Resources Conservation Service (505) 761-4400 or […]

Portales doctor acquitted on one drug charge; guilty on another

Staff and wire reports A federal jury in Albuquerque this week acquitted a Portales physician of illegally dispensing methadone to a man who died of a drug overdose in 2008. Arnold Sotello, 36, was found dead in an Amarillo motel Sept. 22, 2008. But the jury convicted Dr. Patricia J. Green on a second charge […]

Federal Reserve needs to undergo audit

Freedom New Mexico Free government is open government. Citizens need to know what’s going on in their government to make informed decisions on Election Day. But there is one major, nondefense sector of the federal government that never has been completely audited: the Federal Reserve System, which prints and controls the dollar and sets associated […]

Court addresses different kind of cold case

Freedom New Mexico The scientific standard for statistical significance and the legal standard for material misrepresentation in a federal securities case aren’t the kinds of topics that typically inspire lively dinner conversation. Nevertheless, a recent Supreme Court decision involving these issues deserves greater public attention and will affect consumers’ choices in their stock portfolios and […]

Judge hedges on Obamacare court ruling

Freedom New Mexico A reminder that few things are as simple as they first seem: In January, when a federal judge in Pensacola declared President Obama’s health care reform law unconstitutional, the judge became something of a shining knight of the right. Now his armor is looking a little tarnished. U.S. District Judge Roger Vinson, […]