In today’s rundown: A study finds that more Latino families depend on credit cards. | More Americans are depending on government aid to keep from slipping into poverty. | The First-Time Homebuyer Tax Credit ends next week.
— A recent study has found that a rising number of Latinos are depending on credit cards to make ends meet. The National Council of La Raza encourages using credit cards to build good credit, but cautions against using them for daily purchases. Click here for details of the study.
— Without government aid, economists say many formerly middle-class Americans are at risk of slipping into poverty, even as economic conditions improve. Click here for more.
— The Virginia General Assembly has accepted proposals from the governor to restrict state funding for abortions, expand spending on economic development and raise fines for speeders, but lawmakers resisted some cuts the governor had sought for social services. Click for details.
— The extended First-Time Homebuyer Credit ends on April 30th. Click here for more on the deadline and the application process.
