Author: Riya Sharma
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Social Security update: $4,873 in benefits for the 1st round of February are distributed today
The first batch of retirees received the initial wave of the 3 Social Security payments for February on Wednesday. These payouts can total up to $4,873 for the top earners who retire at age 70. The Social Security Administration’s calendar indicates that retiree seniors who were born on or between the first and tenth of their…
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Social Security 2025 COLA is projected to decline, putting seniors at financial hardship and increasing their tax burden
The slowing inflation patterns should mean a significantly less cost-of-living increase for older persons in 2019. The Senior Citizens League, a nonpartisan, nonprofit seniors advocacy organization, conducted study and projected that Social Security’s cost-of-living adjustment (COLA) in 2025 will be 1.75% based on Tuesday’s consumer price index report from January. That rise would be less…
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How much you will receive and the amounts of the new child tax credit
The House of Representatives adopted the bipartisan bill at the end of January, and the Senate’s acceptance is the final step towards making the CTC hike official. Families may get more money over the following 3 years if approved. The maximum reimbursement amount per child will progressively rise under the proposal beginning in 2023 and continuing…
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The “betrayal letter” from Harmony Montgomery’s stepmother disclosed
In a prison letter addressed to prosecutors, Adam Montgomery’s estranged wife detailed her requests to “betray” him, which his defense attorneys presented throughout his trial in New Hampshire. Key prosecution witness Kayla Montgomery spoke on Friday regarding her husband’s alleged methods of killing their 5-year-old daughter Harmony in December 2019. Harmony’s stepmother, Kayla, was charged…
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Republicans try to include a strict border security provision in an international aid package
After ruining the bipartisan immigration agreement, some Senate Republicans are attempting to add stronger border security elements to the international aid package. Sen. Ted Cruz, a Republican from Texas, presented an amendment on Thursday to include strict border security measures in the national security supplemental package for foreign aid, which will send billions of dollars…
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Smart Buying Advice for SNAP Recipients: How to Extend Your Budget for 2024
The Center on Budget and Policy Priorities projects that in 2024, the average SNAP payout will be $189 each month, or $6.20 each day. Every year, SNAP benefits are modified to reflect inflation. These raises are helpful, but usually not sufficient to pay for a lunch. The U.S. Department of Agriculture Food and Nutrition Service…
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As Biden Allows New Relief, Major Updates on Student Loan Forgiveness
The Education Department will begin executing faster student loan forgiveness for borrowers with low beginning sums who were enrolled in the new SAVE plan, according to announcements made by Biden officials in January. With the help of the income-driven repayment plan known as SAVE, borrowers can make manageable installments that are eventually erased after twenty…
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After the release of confidential documents, Republicans denounce Biden as “unfit” for office, while Democrats claim he is cleared
In response to a new investigation on President Biden’s handling of confidential documents, Republicans are accusing him of being unsuitable for office and arguing that his Department of Justice is acting unfairly. The Special Counsel Robert Hur report, which was made public on Thursday, was harshly criticized by Republicans for having “disclosed evidence that President…
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A California measure would prohibit grocery retailers from using any plastic shopping bags
A new bill introduced in the California Legislature on Thursday would outlaw plastic shopping bags completely in the state starting in 2026. Although grocery stores and other retailers are already prohibited from using thin plastic shopping bags in California, customers may still purchase larger plastic bags at the register that are supposedly reusable and disposable.…
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Is TANF Food Stamps: How do TANF and SNAP Benefits Differ From Each Other?
Right now, SNAP assists thousands of families. Thousands more people are also receiving TANF aid. There are notable distinctions between the 2 government initiatives for low-income families. Helping low-income or non-income families buy food to supplement their daily nutritional needs is the goal of the Supplemental Nutrition Assistance Program (SNAP), previously referred to as Food Stamps. Purchasing…