Month: June 2023

Both Republicans and Democrats believe that Social Security change is necessary- But they disagree on how

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When Washington legislators created the latest bipartisan indication to increase the debt ceiling, they hesitated from discussing Social Security. But as Congress begins to review government spending, the program can come under investigation. Following the debt limit agreement, House Speaker Kevin McCarthy, a Republican from California, stated to Fox News, “This is the initial move,” announcing … Read more

What Did Social Security Privatization Mean, and Will It Be Beneficial to You?

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Politics have always been difficult when it comes to Social Security. Initially created as a social insurance program for senior citizens in America, shifting demographics pose a danger to cutting back on promised benefits as soon as 2033. Throughout the years, several legislators and research institutes have suggested privatizing part or all of the Social … Read more

10 Key Considerations Before Engaging in Online Gambling

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10 Key Considerations Before Engaging in Online Gambling

In recent years, online gambling has seen a significant surge in popularity. The convenience of accessing a wide range of casino games and the potential for winning big from the comfort of your own home has made online gambling an enticing option for many. However, before you dive into the world of online gambling, it’s … Read more

Business Owners Urge President Biden To Expand Permission For Migrants To Work In Florida Amidst Labor Shortages

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Governor Ron DeSantis

Business owners urged President Joe Biden to expand the permission for migrant workers in Florida amidst labor shortages. Business Owners in Florida Call to Expand Immigration Permits for Migrants to Work Following Labor Shortages With the increasing labor shortages in Florida, business owners urged the Biden administration to expand immigration permits for migrants to work … Read more

Maryland Residents To Receive SNAP Benefits Of Up To $1,691 In July – Check Eligibility Here!

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SNAP Benefits

Eligible residents in Maryland will expect to receive SNAP benefits of up to $1,691 in July. Hundreds of Residents in Maryland Will Receive SNAP Benefits of Up to $1,691 in July Almost 800 thousand eligible residents in Maryland will expect to receive their Supplemental Nutrition Assistance Program (SNAP) benefits from July 4 until July 23, … Read more

FedNow’s Faster Payments Initiative Poses Risks and Opportunities for Banks, Says Moody’s Analyst

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FedNow's Faster Payments

The upcoming launch of the Federal Reserve‘s FedNow instant-payment system in July could have both positive and negative implications for banks, particularly smaller ones, according to Moody’s analyst Stephen Tu. FedNow will provide consumers and businesses with faster payment capabilities and increase competitiveness for smaller banks, it may also lead to potential risks and challenges … Read more

State Sales Tax Revenue Surges to $3.8 Billion in May, Indicating Strong Economic Growth

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Tax Revenue

This substantial figure indicates a significant economic boost for the state during that month. May saw a notable increase in tax revenue generated from state sales, with a staggering $3.8 billion reported The rise in tax revenue reflects a surge in consumer spending, demonstrating a growing confidence in the economy. Experts attribute this positive trend … Read more

Eviction Crisis Sweeps America as Protections End and Homelessness Rises

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Eviction Crisis Sweeps America

Despite a temporary halt during the COVID-19 pandemic, eviction filings by landlords have surged, leading to a corresponding increase in homelessness. The United States is grappling with a severe eviction crisis, marking a new epidemic in the country Research conducted by Princeton University’s Eviction Lab reveals the dire situation faced by low-income renters across the … Read more

New York Receives Federal Approval for Congestion Pricing Plan to Alleviate Traffic and Improve Public Transit

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New York Receives Federal Approval for Congestion

New York has received crucial federal approval for its pioneering initiative to implement significant tolls for entry into Manhattan’s most heavily visited areas. The plan aims to tackle congestion, enhance air quality, and generate funds for the city’s public transportation system Following in the footsteps of cities like London, Singapore, and Stockholm, which have successfully … Read more

Universal Basic Income Programs: Evidence Shows Mixed Results and Cost Concerns

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Universal Basic Income

Universal Basic Income (UBI), which involves providing recurring cash payments to all individuals regardless of their socioeconomic status, is seen by proponents as a way to alleviate poverty and safeguard against financial crises. UBI programs have gained traction in the United States, with several cities implementing guaranteed income initiatives However, recent evidence suggests that these … Read more