Daily Archives: July 12, 2010 - 3 results

That was fast. Last month the Supreme Court struck down Chicago’s 28-year-old handgun ban. Today the city’s new handgun regulation goes into effect. Gun owners are already howling.   Rush to respond to Supreme Court decision Gun shops prohibited in city limits Owners’ rights to carry limited   Lawsuits Filed Against New Handgun Restrictions The new regulation comes in response to last month’s Supreme Court judgment. The Court said the Second Amendment barred the states and cities from denying citizens the …

Starting or going back to college this fall? Backpack? Check. iPad? Check. Student loan? Just hold on a minute. As detailed in the Chicago Sun-Times, the rules for getting and repaying student loans have changed significantly, effective July 1st.   New direct government funding lowers loan costs More money available for tuition and related expenses Private loans still available to cover excess costs   Private Lenders Out of Federal Program The Health Care and Education Reconciliation Act of 2010 included …

Like the cost of a postage stamp, the Social Security retirement age now seems to rise every few years. Lawmakers of both parties may be ready to do it again. As the Miami Herald reports, key members of Congress have floated trial balloons about raising the eligibility age for full retirement benefits to 70.   A measure to rein in entitlement spending Proposal to affect those born in the 1960s and later 70 the new 67?    Bipartisan Bid to …