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Arizona, Louisiana, Nevada Among States With Onerous Laws and Rules That Could Affect Mid-Term Election Results; North Carolina Stands Out as Best for Voters
New York — Millions of low-income Americans can be brought into the political process through proper implementation of an often-neglected provision of the National Voter Registration Act of 1993 (NVRA), according to a report published recently by Demos, and cited in yesterday's New York Times editorial,
Already, some states are making changes. A legal settlement in Missouri led to more than 200,000 voter-registration applications from welfare offices in less than two years. A settlement in Ohio has led to more than 100,000 this year. Lawsuits are pending in Indiana and New Mexico.
Regulators can cap leverage if bank poses 'grave threat' to system
Speier, who allowed that the overall bill is good, added that the rationale behind a detailed leverage cap is to keep big banks from growing so dangerously large that, if they were to fail, they'd cause collateral damage to the markets. During the height of the boom leading up to the financial crisis, many investment banks hiked their leverage to as high as 50-to-1.
Demos reports that in 2008 over 11 million low-income adult citizens remained unregistered to vote and the registration gap between low-income and high-income citizens was over 19 percentage points. And changes in how voter registration is done at public assistance agencies can has already shown dramatic results in other states.
In Ohio registration at public assistance agencies has soared following a settlement of a Demos case over compliance with federal voter registration laws at public assistance agencies.