Sentences with phrase «recent debt reform»

Although recent debt reform may protect you from instantaneous and retroactive rate increases, the new laws do not place caps on interest rates charged by credit card issuers and other finance companies.

Not exact matches

While these may at first seem unrelated, in fact financial market disruptions are tightly tied into the self - reinforcing processes of rising debt, capital flight and slowing growth that recent reforms were supposed to untangle and address — and for which they have clearly failed.

Governor Bruce Rauner's recent pension bill would allow Chicago and other municipalities to file for bankruptcy, a mechanism which would allow the city to start over, restructure its past debt, and reform its pensions plans (but even in this case, there would be obstacles around when Chicago could actually file because of the way the city reports its debt).

Dozens of plans for student loan debt reform have been proposed to the federal government in recent years in light of the increasingly burdensome amounts of debt students are graduating with and struggling to repay.

However, reforms enacted by Congress in recent years allow for annual premium increases of up to 18 %, to help pull the program out of a deep debt caused by payouts resulting from Sandy in 2012 and Hurricane Katrina in 2005.