U.S. deficit soars to record levels amid recession and stimulus
The White House projects a near 50 percent borrowing rate for the year, driving the 2009 deficit above 1.8 trillion dollars. Budget office data add 89 billion to the red ink, fueled by recession, the Wall Street bailout, and Obama’s stimulus. For 2010, the deficit is seen rising to 1.3 trillion with lower tax receipts and higher unemployment costs.
MENTIONED IN THIS ARTICLE
Washington
White House
Budget Office
Wall Street
Barack Obama
Travel bargains lure amid weak economy despite job gains
Poor economic conditions push some Americans to cancel summer trips while bargains tempt many. Cedar Rapids firm Iowa Precision Industries adds brands and 50 new jobs as a local column notes broader travel trends and a columnist profile on Tony Dungy.
MENTIONED IN THIS ARTICLE
Iowa Precision Industries
Cedar Rapids
Landlords under pressure as city eyes licenses
In Cedar Rapids the push for landlord license rules grows amid spring crime focusing on rental neighborhoods. Keith Smith recalls his first eviction failed for paperwork errors and emphasizes the costly education. In Linn and Johnson counties 2008 saw 271? evictions filed with over 60 percent concluding in eviction or withdrawal.
MENTIONED IN THIS ARTICLE
Linn County
Cedar Rapids
Johnson County
Yuzas Return Home as FEMA Mobile Homes Drop
In Eastern Iowa the number of occupied FEMA mobile homes fell by more than half since October. Robert and Josephine Yuza moved back to 1708 C Street SW Cedar Rapids with their two daughters after eight months in a three bedroom FEMA trailer. Linn County still hosts 243 of the 337 remaining units as FEMA plans a possible buyout.
MENTIONED IN THIS ARTICLE
Steve Gravelle
Cedar Rapids
Yuzas
FEMA
Robert Yuza
Yuza
Josephine
1708 C St. SW
Federal Emergency Management Agency
Liluse
Iowa
Linn County
Yura
Cedar Rapids landlord Miell ordered back to jail
Rob ert Miell, a Cedar Rapids landlord and 54 year old convict, was ordered jailed again after a U S District Court hearing found probable flight risk. The government alleges he structured cash deposits totaling more than $530 914 between December 2008 and April 2009 to evade currency reporting. A hearing on revoking pre sentence release and an arrest warrant was set for Sioux City.
MENTIONED IN THIS ARTICLE
Trish Mehaffey
Tre Gazette
Cedar Rapids
Robert Miell
U.S
Miell
Sioux City
Cedar County
Jon Scoles
C.J. Williams
Williams
Paul Zoss
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