Food Stamp Beneficiaries Exceed 45M for 56 Straight Months [1] – Sent in by B.B.
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Hold off on buying forever stamps until after April 10th – The value will drop to $.47 [2] Sent in by C. Maxwell (You might want to check his website out at www.foreverstampvalue.com/ [3] .)
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Items from Professor Preponomics:
US News
Senators Accuse State Department of Defying Congress with $500M UN Climate Payment [4] (Fox News) Excerpt: “Lawyers cannot replace the constitutional requirement that only Congress can appropriate money….”
Puerto Rico’s Game is Rigged [5] (Washington Examiner) Excerpt: “But as happened 70 years ago, Wall Street financiers and their paid representatives have a vested interest in making the situation worse on the island before it gets better.”
Blue Cross Parent Lost $1.5B on Individual Health Plans Last Year [6] (Chicago Tribune)
Maine Nonprofit Health Insurer Lost $31M in 2015 [7] (Portland Press Herald)
International News
Oil Rally is Too Little, Too Late for Cash-Strapped Producers [8] (Market Watch) Excerpt: “The fiscal break-even point for members of the Organization of the Petroleum Exporting Countries is $98.83 a barrel, said the RBC strategist.”
Grexit Back on the Agenda Again as Greek Economy Unravels [9] (The Guardian)
Personal Economics and Household Finance
If You Press 1 When You Get This Robocall, It Will Open You Up to Identity Theft [10] (Clark Howard) Don’t fall for this one either! Excerpt: “Here’s how it works: you get a robocall claiming to be from a local branch of the Health Insurance Marketplace, which is the organization that oversees HealthCare.gov. The recorded message says, ‘You need to buy health insurance or face a fine. To learn more, press 1.'” Read on.
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