October 1, 2004

  • CHN: TANF Extended for Six Months

    For the eighth time since 2002, Congress temporarily extended the law authorizing Temporary Assistance for Needy Families (TANF) just before it was set to expire. This extension will run through March 31, 2005. No policy changes were made; the extension allows funding to continue so states can operate their TANF programs under the provisions of Read More »

    Posted in Income Support, Temporary Assistance for Needy Families | Comments Off on CHN: TANF Extended for Six Months
  • CHN: FDIC Considering Rules That Would Gut Community Reinvestment Act

    The Federal Deposit Insurance Corporation (FDIC) is considering making rule changes that would weaken significantly the Community Reinvestment Act, which could have a potential devastating effect on affordable housing investments in rural areas. Financial institutions holding less than $1 billion in assets would no longer be evaluated by the FDIC on their investment or services Read More »

    Posted in Housing and Homelessness | Comments Off on CHN: FDIC Considering Rules That Would Gut Community Reinvestment Act
  • CHN: HUD Appropriations Bills Clears Senate Panel; Next Steps Unclear

    The Senate Appropriations Committee marked up the FY05 Veteran’s Affairs/Housing and Urban Development appropriations bill (S 2825) on September 21. None of the programs in the bill are funded below FY04 levels. This is in contrast to the House appropriations bill, which inflicted substantial cuts to all HUD programs with the exception of Section 8 housing Read More »

    Posted in Budget and Appropriations, Housing and Homelessness | Comments Off on CHN: HUD Appropriations Bills Clears Senate Panel; Next Steps Unclear
  • CHN: Congress Passes Continuing Resolution Until November 20

    Because lawmakers were unable to complete work on appropriations before the October 1 start of the 2005 fiscal year, Congress agreed to a continuing resolution on Wednesday, September 29 ( HJ Res. 107 ). The continuing resolution funds the government until November 20. In the meantime, appropriators will work to put together an omnibus spending Read More »

    Posted in Budget and Appropriations | Comments Off on CHN: Congress Passes Continuing Resolution Until November 20
  • CHN: Congress Passes Yet Another Tax Cut — Future Generations To Pick Up Tab

    Congress agreed to yet another package of middle class tax cuts on Thursday, September 24 ( HR 1308 ). Like previous tax cuts passed in 2001 and 2003, the $146 billion the bill was not paid for. The Working Families Tax Relief Act is awaiting the President’s signature. Three popular middle class tax cuts that Read More »

    Posted in Tax Policy | Comments Off on CHN: Congress Passes Yet Another Tax Cut — Future Generations To Pick Up Tab
  • CHN: Children’s Health Insurance Funds Expiring

    On September 30 $1.1 billion in earmarked funds for the State Children’s Health Insurance Program (SCHIP) reverted back to the U.S. Treasury in spite of broad bipartisan support to redistribute the unspent funds to the states. This amount could provide health coverage for 750,000 of the nation’s 8.4 million uninsured children for one year. This Read More »

    Posted in Health, Health Care Reform | Comments Off on CHN: Children’s Health Insurance Funds Expiring
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