Don’t Let Sequester Alternative Hurt Poor, Hunger Advocates Urge

As Democrats craft an alternative to the $85 billion sequester set to hit the federal budget March 1, they should work to prevent their new legislation from impacting the nation’s poor, a prominent hunger-relief organization urges. Lawmakers are seeking an alternative to the coming budget reductions, which were enacted as law as part of the 2011 budget deal. The Democrats’ proposal would save money by cutting direct payments funded through the farm bill, according to Bread for the World, an organization urging the nation’s decision makers to end hunger at home and abroad. “Typically, direct payments disproportionately benefit high-income farmers and often fail to reach the surrounding rural economies,” says Rev. David Beckmann , president of Bread for the World. … Continue reading

Advocates Call ‘Paltry’ Bank Deal Just The Beginning For Wronged Homeowners

Critics of the fraud committed by the nation’s largest banks in the so-called “robo-signing” scandal are calling Thursday’s settlement deal just the first step in achieving justice for wronged U.S. homeowners. State and federal officials announced the $26 billion settlement over the banks’ fraudulent foreclosure practices which led to wrongful foreclosures nationwide. U.S. Attorney General Eric Holder led the announcement at a Washington news conference and says the settlement will be a step in “righting the wrongs that led to our nation’s housing-market collapse and economic crisis.” About 1 million families will see some reduction in their mortgages, while another 750,000 homeowners who were wrongly foreclosed on will receive $2,000 checks, according to the terms of the settlement. Critics, however, … Continue reading