Highlights and News

Apr 28, 2014

Straight talk on health care reform: Success, but ...

President Obama recently stated, "The Affordable Care Act is working. ... The repeal debate is and should be over."(1) Senate Minority Leader Mitch McConnell, one of the law's most vocal opponents, has maintained that the ACA "is beyond fixing. It needs to be pulled out root and branch, and we need to start over."(2)

So which is it?

By a number of measures, the ACA is succeeding in its main purpose ­– reducing the number of uninsured and making sure that Americans have comprehensive, affordable health insurance.

Apr 25, 2014

Pew study finds Colorado has lowest payday loan costs

The Pew Charitable Trusts has found that Colorado has the lowest cost to borrowers for payday loans among all the 36 states that allow these loans. Pew calculated the average charges and the annual percentage rate (APR) that payday lenders charged for a $300 loan taken out for five months, the national average for loan amount and length of loan.

At $172 and 129 percent APR, Colorado's loans were the cheapest of all 36 states.

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