Tag: Finance News
-
Minneapolis Guaranteed Income Program: Direct Payment Worth $500 Sent To Residents
Last June 20,2023, a guaranteed income program worth $500 was sent to o hundreds of recipients in Minneapolis. In the guaranteed income program, the payments are processed every 20th of the month, and all recipients will receive $500 The guaranteed income program is part of the Minneapolis Basic Income Pilot program. It is expected…
-
More People Are Planning To Claim Their Social Security Retirement Plan Early While Staying On Their Jobs
Many Americans have doubts about the future of Social Security because of the inflation hit. They plan to claim their Social Security Retirement plan early while staying at their work. More People Claim Social Security Retirement Plan Benefits Early 42% of Americans said they are planning to file to claim their Social Security Retirement…
-
The Government Announced To Help Migrants, Denver, Colorado Will Receive $8.6 Million In Federal Funds
Colorado State sought federal funds in early May to help shelter migrants. The government announced that Denver, Colorado, will be eligible to receive $8.6 Million in funds to help migrants. Denver has provided for the needs of migrants since December With the unprecedented influx of migrants seeking entry to the country, some cities have…
-
The Country Will Help Migrants Through Millions Of Federal Funds Given To Cities
Some cities still deal with thousands of migrants coming into the country every week. Federal funds will be given to help house migrants. These are some cities spending funds for sheltering migrants San Antonio, Texas, received over $24.5 million for sheltering migrants. Over 5,000 migrants have arrived in San Antonio, Texas, this June. New…
-
California Reparations Task Force Will Make Final Recommendations On How Correct The Human Rights Violations Against Black People In The State
The California Reparations Task Force will make their final reparation recommendations on how California could correct the human rights violations against Black people in the state throughout the history of the country. The California Reparations task force will make final reparation recommendations to the state legislature The California Reparations task force members are legal,…
-
Wisconsin Governor Tony Evers Signs A Bipartisan Bill To Stop Milwaukee From Going Bankrupt
Wisconsin Governor Tony Evers called it a “historic day” before he approved a bipartisan bill that funds more money to Milwaukee and gives the ability to raise the local sales tax to avoid bankruptcy. Wisconsin Governor signed a bill that will help Milwaukee Wisconsin Governor signed a bill that sends more funds to every…
-
Debt Relief Company Scam: Federal Trade Commission Will Send Checks To 37,800 Student Loan Borrowers Scammed By Arete Financial Group
The government will send checks to 37,800 student loan borrowers who were sent money to Arete Financial Group, a debt relief company, and were scammed. FTC said the debt relief company promised debt relief but instead pocketed money from clients The debt relief company promised student borrowers that they reduce or eliminate consumers’ student…
-
New Tax Plan To Result In Estimated Revenue Losses Of Up To $120 Billion In US
A new tax plan will result in estimated revenue losses of up to $120 billion in the United States. United States to Expect to Lose Billions of Tax Revenue Following New Tax Plan Under the new tax plan, the United States expects to lose tax revenue of up to $120 billion despite its aim to…
-
House Subcommittee Deliberates Budget Cuts for HUD, Highlighting Concerns over Housing and Safety Programs
The discussion followed a recommendation from another House committee suggesting a reduction of funds by a staggering $22 billion. Members of the House Financial Services subcommittee engaged in a heated debate over proposed budget cuts for the Department of Housing and Urban Development (HUD) During the hearing, the House Subcommittee on Housing and Insurance invited…
-
New Tax Bill To Temporarily Expand Standard Tax Deduction Of Up To $4,000 For Eligible Working Families
A new tax bill will temporarily expand the standard tax deduction of up to $4,000 for eligible working families. New Tax Bill Will Temporarily Boost Standard Deduction of Eligible Working Families for the Next Years The new tax bill called Tax Cuts for Working Families Act aims to temporarily expand the standard deduction of eligible…