GAO urges disclosure of hidden airline fees across services
The GAO calls for clear, consistent disclosure of baggage and other service charges added to ticket prices. Airlines, travel services, and agents collected about 7.8 billion in such fees in the last budget year, led by Delta with 1.6 billion, prompting lawmakers to threaten Treasury proceeds and consumer pushback.
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Feds push to end drop side cribs nationwide
The Consumer Product Safety Commission moved toward a ban on drop side cribs, proposing a rule to outlaw manufacture sale and resale. A recall of 82 000 Pottery Barn Kids drop side cribs was announced for suffocation risk, with free immobilization kits offered. The commission aims four fixed sides and plans a December final rule.
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GOP opposes banking bill in election year clash
Republicans frame the financial regulatory overhaul as big government overreach arguing the bill’s goals will be lost on voters. They seek a final procedural block, betting the measure will pass with 60 votes amid public anger at Wall Street.
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Foreclosure Fashioning 1 Million Homes at Risk in 2010
RealtyTrac data show more than 1 million US households likely to lose their homes to foreclosure in 2010 as lenders clear a backlog. Through June 2009 528000 homes were repossessed, with total foreclosures expected to exceed 900000 last year.
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RealtyTrac Inc
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