Education secretary announces extension to provide relief from uncertainty as loan forgiveness is litigated. On Tuesday, the president’s administration extended the federal student loan repayment pause through June…
Read MoreInflation
Thanksgiving Dinner Costs 20 Percent More in 2022
American Farm Bureau tallies the rise in price due to inflation. The traditional Thanksgiving meal with all the fixings will cost 20 percent more this year than a…
Read MoreTreasury Secretary Delivers Semi-Annual Report to Congress
Reviews foreign trade of goods and services through June 2022. The Department of the Treasury delivered its semiannual macroeconomic report to Congress last week. The report goes over…
Read MoreHHS Announces $4.5 Billion for Winter Heating Costs
The program helps subsidize heating for over 5 million households The Department of Health and Human Services has announced $4.5 billion to help low- to middle-income families pay…
Read MoreSocial Security Payments to Increase by 8.7% in 2023
The additional amount averages $140 per month. The Social Security Administration announced that Social Security benefit payments will be increasing by 8.7 percent in 2023. This will raise…
Read MoreTreasury Requests Public Input on Climate Tax Policies
$270 billion is being dedicated to various climate tax incentives. The Treasury Department recently issued three requests for public input, asking for comments on how best to implement…
Read MoreInflation Outpaces Wage Increases
Dallas federal reserve bank and labor data shows disparity. Purchasing power in the U.S. is experiencing further shrinkage despite higher wages. The Federal Reserve Bank of Dallas has…
Read More261,000 Jobs Added to U.S. Economy in October
Unemployment also rises from 3.5% to 3.7%. On Friday, the U.S. Labor Department reported that 261,000 jobs were added to the U.S. economy in October. At the same…
Read MoreAFL-CIO President Responds to Federal Interest Rate Increases
AFL-CIO President Shuler says domestic action overlooks international problems President of the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) Liz Shuler issued a statement calling…
Read MoreVice President Announces Heating Bill Assistance
Low Income Home Energy Assistance Program to help with costs this winter. On Wednesday while in Boston, Vice President Kamala Harris introduced an initiative by President Biden’s administration…
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