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Posts Tagged ‘Texas Impact’

Division over the payday loan bill

Quite a heated little fight in the Senate yesterday. An ugly scene erupted in the Texas Senate today, with Sen. John Carona (R-Dallas) suggesting that some of his Republican colleagues were “shills” for the payday loan industry and worrying that the GOP would be seen as “the party that is backed and bankrolled by payday […]

Somewhat improved payday lending bill passes Senate committee

I still don’t think it’s good enough. Breathing new life into a proposal that was doomed by the opposition of consumer groups only last week, a Texas Senate committee approved strengthened legislation Tuesday that imposes restrictions on the payday loan industry that could save desperate Texas consumers some $220 million a year. Sen. John Carona, […]

Nine hundred million reasons why expanding Medicaid is a good idea

It’s all about the money. Expanding Medicaid could make available at least $900 million in state money that otherwise would be slated for health care as lawmakers work to pay for Texas’ priorities, according to an analysis released Tuesday. “More efficient health spending means there’s more money available for other needs like water and education,” […]

As if you needed another reason to support Medicaid expansion

Even more data on why Medicaid expansion makes sense from Texas Impact. The study, by former Texas deputy comptroller Billy Hamilton, says Texas shouldn’t pass up the chance to insure up to 2 million of its more than 6 million uninsured people. Hamilton cited other benefits. Expansion of the Medicaid rolls would “provide relief to […]

Then YOU fix it!

Stuff like this really pisses me off. On Wednesday, the [Senate Finance] committee heard testimony from state officials on the proposed health budget, which grew 2 percent from the current biennium budget to $70 billion. The chairman of the committee, Sen. Tommy Williams, R-The Woodlands, expressed the need for fiscal conservancy but said the decisions […]

Yet another report saying we should expand Medicaid in Texas

It’s the fiscally responsible thing to do, in addition to being the morally correct thing to do. Expanding Medicaid is a “smart, affordable and fair” decision for Texas, according to a report issued by Billy Hamilton, a non-partisan consultant commissioned by Methodist Healthcare Ministries of South Texas and Texas Impact, a statewide interfaith network. “If […]

Payday lenders face new regulation

New regulations aimed at curbing the excesses of payday lenders are now in effect, but they will not be the last word on the subject. Proponents of the new regulations passed by lawmakers during the 2011 session say they’re needed because the practice of offering short-term, high-interest loans to consumers has led thousands of Texans […]

Lege gets set to tackle payday lending

The good news is that the Lege is ready to tackle legislation dealing with the scourge of payday lenders. The bad news can be summarized by the following remarks in this Chron story. This week, State Rep. Vicki Truitt, R-Keller, will ask the Texas House to approve a package of three bills written as part […]

It’s way past time to regulate payday lenders

From the Observer: As an industry, when you’ve got Tom Craddick, consumer groups, the Midland County District Attorney and Bible-quoting Baptists arrayed against you, most likely you’re facing a serious come-to-Jesus moment. Today, a House committee heard hours of impassioned testimony in favor of legislation that would curb Texas’ Wild West payday and auto-title lending […]