Called the End Child Poverty Act, the proposal would replace the Child Tax Credit (CTC) with a universal benefit that provides families with $393 per month until the child reaches 18 years of age. A group of Democratic lawmakers has introduced a new bill that aims to combat child poverty in the United States The…
Public Employees Credit Union (PECU) members will receive $500 to $3,000 as a privacy settlement for a data breach lawsuit. $500 to $3,000 Settlement Following a Data Breach Lawsuit PECU agreed to a privacy settlement after a data breach lawsuit was filed following reports of former and current members’ data being breached, including their financial…
The plan aims to save trillions of dollars over the next decade by dismantling several federal government programs, including the Biden administration’s program that intends to cancel up to $20,000 of debt per borrower. Republicans in the United States have unveiled a plan to block President Biden’s student loan forgiveness program as part of their…
Some Medicaid recipients will lose health care coverage if they do not meet the proposed “work requirements.” Work Requirements for Medicaid Recipients According to reports, over 10 million Medicaid recipients will be subjected to the proposed “work requirements, a proposal under a bill to resolve national debt and spending issues. Medicaid recipients usually are low-income…
As part of their 2023 advice, financial experts revealed the right time to fire a financial advisor. Why Find a Financial Advisor Having a financial advisor means you have someone to lean on in your financial life – from saving for your needs and loved ones to planning your retirement. According to the CNBC survey…
In just 5 days, the third and last round of April’s 3 Social Security retirement funds, totaling up to $4,555, will be distributed. Those who were born during the 21st and the 31st of the month would receive the final payment on April 26. Each month, the payouts are made on the 2nd, 3rd, and…
A new plan would bring back the monthly routine of giving families checks. Democratic Representatives Ilhan Omar of Minnesota, Rashida Tlaib of Michigan, and Jesus Garcia of Illinois presented the End Child Poverty Act this recent month. When a kid turns 18, the proposed legislation will create a universal profit that might benefit families with $393 each…
Student can claim loan forgiveness from different states, each with required program. Some may require them to work for a period of time in places that urgently needed their services. Student Loan Forgiveness Claims There is different state forgiveness plan that Americans can ask for whenever President Joe Biden’s student debt cancellation plan push through. …
The Supreme Court weighs if Biden’s plan of canceling $400 billion in student debt should be allowed. Biden Administration Plans to Cancel Student Debt President Joe Biden’s plan of canceling billions in student loans will aid and provide relief to many individuals with loans and help resolve the past years’ economic damage. CNBC reported that…
The House of Representatives failed to nullify President Biden’s veto of the Resolution to overturn the Retirement Investment Rule. The House is falling short of the two-thirds majority. Biden’s veto reasons behind why it was issued Biden’s Veto was issued in March when President Biden issued his first since taking his office to reject…