Feds press welfare hikes critic Hackett vows action
Fred Hackett, Vermont Republican candidate for governor, says federal welfare costs threaten state finances and calls for Congress to cover all program costs. He notes Vermont will spend 60 million this year with 38 million federal and 22 million state funds, and warns the system rewards nonwork while bankrupting states. He outlines reforms to strengthen incentives, enforce support orders, and push federal change.
MENTIONED IN THIS ARTICLE
Burlington
Fred Hackett
Vermont
Congress
Hackett
Vermont Governor Hackett on Welfare Reform Crusade
Governor Hackett denounces the Federal welfare system as morally bankrupt and unaffordable for Vermont, urging Congress to fund or reform it. He cites a Vermont welfare year cost of 60 million dollars with 34 million in federal funds and 22 million in state funds, warns of growing bureaucracy, and pledges to press Washington for changes that restore work incentives and protect families.
MENTIONED IN THIS ARTICLE
Vermont
Hackett
Congress
Washington
Bargain Days at UCS Thrift Shops Feature Varied Goods
UCS sponsored Thrift Shops offer summer clothing for all ages, dishes, cooking utensils, curtains and bedding. North Bennington store boasts hard cover books, jewelry, luggage stands, and more. Route 67A hours Thursday and Friday 1 45 to 5 00, Saturday 10 4 00. South Street shop in basement of Brown building shares hours. Convenient parking noted.
MENTIONED IN THIS ARTICLE
Bennington
South Street
Bown
Old car buffs meet Thursday in North Adams YMCA
Green Mountain Chapter Auto Club participated in Salem parade with 22 antique autos. Vehicles ranged from 1910 Cadillac to 1930s Model A Fords. The club has 69 members as of July 4. Next meeting is Thursday at 7:30 p.m. at the North Adams YMCA led by Eugene Kosche. A regional event is planned Sunday at Stanley Park in Westfield, Mass., with a picnic at noon.
MENTIONED IN THIS ARTICLE
Green Mountain
Auto Cub
Veteran Motor Car Club
Salem
Automobile Club
North Adams
Eugene Kosche
Chevrolet
Stanley Park
Westfield
Mass
Nicnie
Sears Adopts Average Daily Balance Finance Charge Method
Sears Hoetuck and Co announces Vermont rollout of average daily balance to calculate revolving account charges. Manager Nancie Jolivette notes September bills reflect the change made possible by new computer tech. The method excludes current month purchases from the average balance for finance charges, with daily balances adjusted by payments and credits as they occur.
MENTIONED IN THIS ARTICLE
Sears, Hoetuck and Co
Vermont
Nancie Jalivette
Ms. Jolivete
Sears
Mallary Urges Higher Import Level for No 2 Fuel Oil
Congressman Richard Mallary joins New England colleagues in asking President to raise No 2 heating fuel imports from 45,000 to 100,000 barrels per day. They cite a March–April fuel shortage despite a mild winter and warn delays risk severe supply shortfalls next winter.
MENTIONED IN THIS ARTICLE
Washington
Richard Mallary
New England
Mallary
Oil Policy Committee
Finance charge calculation on monthly balance
The note explains a sample monthly finance charge using two balances. On day 1 it uses 100 dollars for 15 days and 80 dollars for the next 15 days, averaging 90 dollars for daily balance. The $25 purchase is excluded from the monthly daily balance calculation.
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