Tag: Finance News
-
FDIC Proposes Bank Fees to Replenish Funds Spent on Bailing Out Banks
The Federal Deposit Insurance Corporation (FDIC) is proposing new fees to replenish funds spent bailing out depositors of two banks, Silicon Valley Bank (SVB) and Signature Bank, in March. The bank fees are expected to affect an estimated 113 banks, mostly those with over $50 billion in assets, and will be passed on to their…
-
Massachusetts SNAP Scam: Victims To Receive Reimbursements
The victims of the Massachusetts SNAP scam will expect to receive reimbursements. Approved Reimbursements to Replace Stolen Benefits During Massachusetts SNAP Scam The Supplemental Nutrition Assistance Program (SNAP) has been providing relief to many low-income families and support to local farmers in Massachusetts for years, but with the stolen benefits during the SNAP scam, several…
-
Over 1.4M Californians Can Still Get Their Middle-Class Tax Refund
The California State government announced that the more than 1.4M Californians who didn’t claim their inflation tax relief refund can still get their money. The California Middle-Class Tax Refund is still available The California Middle-Class Tax Refund is over. More than 1.4M Californians haven’t claimed their refund. But California State announces that they can still…
-
El Paso County DHS Faces Backlog of 2,000 Applications for Food Stamp Recertification
El Paso County Department of Human Services (DHS) is struggling with a significant backlog of applications for food stamp recertification. El Paso County DHS faces a backlog of 2,000 food stamp recertification applications The Supplemental Nutrition Assistance Program (SNAP) requires recipients to reapply every six months. Presently, the DHS is facing a backlog of 2,000…
-
Louisiana Lawmakers Reject Tax Credits for Pregnant People Following Abortion Ban
Louisiana lawmakers have rejected three of the four tax credits proposed to aid pregnant individuals and adoptive parents following the state’s strict abortion ban. Louisiana lawmakers reject tax credits aimed at supporting pregnant individuals following abortion ban The proposed “unborn” child tax credit, which would have created a tax deduction for parents who have miscarriages…
-
USDA to Offer Financial Assistance to Eligible Rice Farmers in 2022
The program, worth up to $250 million, was authorized by the Consolidated Appropriations Act of 2023, which was passed in December 2022. The U.S. Department of Agriculture will be offering financial assistance to eligible rice farmers in the form of a one-time payment based on planted and prevented planted acres in 2022. Eligible Arkansas rice…
-
New Medicare Financial Assistance Up To $7,300 To Arrive Soon in New York
A new Medicare financial assistance of up to $7,300 will arrive soon for eligible beneficiaries in New York. Medicare Savings Program Expansion Allows New Medicare Financial Assistance Annually With the expansion of eligibility income limits in the Medicare Savings Program, several beneficiaries will be eligible for new Medicare financial assistance providing $7,300 annually. The new…
-
USDA Provides Additional Financial Assistance to Distressed Farm Loan Borrowers
The U.S. Department of Agriculture (USDA) has provided an additional $130 million in financial assistance to distressed farm loan borrowers in the country. USDA provides $130 million in financial assistance to farm loan borrowers This follows the provision of $3.1 billion provided through the Inflation Reduction Act (IRA) to help those who are struggling financially.…
-
Oregon to Replace Stolen SNAP Benefits Due to Electronic Theft
Starting May 22, the Oregon Department of Human Services (ODHS) will begin replacing food benefits for those who have had their Supplemental Nutrition Assistance Program (SNAP) benefits stolen electronically, including card skimming and card cloning. Oregon Department of Human Services to replace SNAP benefits stolen electronically ODHS will replace benefits stolen on or after Oct.…
-
Dominion Energy Encourages Customers to Donate to EnergyShare Program for Families in Need of Assistance with Electric Bills
Through the EnergyShare program, customers can donate to assist families who are in need of one-time payment assistance. Dominion Energy is encouraging its customers to help their fellow community members who are struggling to pay their electric bills The Salvation Army is now accepting applications from eligible families until May 31st. Customers who wish to…