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State of Working Arkansas Report 2005

The last six years have been an unpredictable rollercoaster ride for the Arkansas economy, Arkansas workers, and families. During the last part of the 1990s, a thriving national economy led to near record employment (by recent historical standards), growing...

Paycheck$ and Politics Newsletter: Issue 36

Congress was still in session late in December, 2005 debating the USA Patriot Act, drilling in the Arctic National Wildlife Refuge, and how to fund the federal government for the next fiscal year. Congress is rarely still in session...

Paycheck$ and Politics Newsletter: Issue 35

In 1999, the Arkansas General Assembly passed Act 1005, legislation cutting the Arkansas capital gains tax. Since that time, recent events have dramatically altered the fiscal landscape at both the federal and state levels. In response to an Arkansas...

Paycheck$ and Politics Newsletter: Issue 34

The Check Cashers Act of 1999 classified the charge for borrowing from a payday lender as a “fee” rather than as interest. As a result of this legislation, Arkansas now has more payday lenders (281) than McDonald’s restaurants (127)....

Paycheck$ and Politics Newsletter: Issue 33

Payday lenders are a major source of instant cash for Arkansas’ low-income working families and consumers with heavy debt burdens and poor credit histories. Instead of benefiting borrowers, payday loans trap them in high-cost debt. To qualify for a...