Tag: Finance News
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Activists Call For Enactment Of Federal Reparations Commission For Blacks On Juneteenth
Activists called for enacting federal reparations commission for Black Americans on Juneteenth. Activists Urge Biden to Enact Federal Reparations Commission to Address Harms on Blacks on Juneteenth Following the nearing of Juneteenth, activists have been urging President Joe Biden to enact a federal reparations commission that will aim to address harms, including racial discrimination, against…
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Senate Committee, Led by Bernie Sanders, to Debate Pro-Union Legislation
This legislation, along with two other bills, will be up for discussion during the committee’s session. The Senate Health, Education, Labor, and Pensions Committee, chaired by Senator Bernie Sanders (I-VT), has announced its intention to hold a markup on the PRO Act. The Protecting the Right to Organize Act (PRO Act) seeks to introduce significant…
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Supreme Court Decision on Student Debt Relief Proposal Nears Amid Internal Records Controversy
An advocacy group has released internal documents that shed light on the concerns of staffers at a loan company allegedly being misused by Republican attorneys general in their attack on the president’s proposal. The U.S. Supreme Court approaches a verdict on President Joe Biden’s student debt relief plan The Student Borrower Protection Center (SBPC) obtained…
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IRS Funding Cut Could Cost Government Billions in Revenue, Study Finds
A new study conducted by researchers at the Treasury Department, Harvard University, and The University of Sydney warns that this move could be costly. Republicans succeeded in rescinding $21.4 billion in additional funding provided for the IRS as part of the Inflation Reduction Act The study, which analyzed Internal Revenue Service (IRS) data from approximately…
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Rising Costs, Hiring Enough Workers Continuously Affect Small Businesses Despite Inflation Slowing Down
The rising costs and hiring enough workers continuously affected small businesses despite inflation slowing down. Small Businesses Affected by Rising Costs and Lack of Hiring Enough Workers Despite Slowing Inflation With inflation already slowing down in the US, small businesses are still affected by rising costs and the lack of means of hiring enough workers,…
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Elon Musk Slams Proposed Wealth Tax With 25% Minimum Tax For Billionaires
Elon Musk slammed the proposed wealth tax with a 25% minimum tax for billionaires. Elon Musk Slams President Joe Biden’s Proposed Wealth Tax for Billionaires and Says it Would Upset Billionaire Donors Elon Musk slammed the proposed wealth tax of President Joe Biden that will leave billionaires in the country with a minimum tax of…
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Debate Emerges Over Eliminating School Property Taxes in Texas
The idea, initially proposed by an influential conservative think tank, has gained traction, supported by Governor Greg Abbott, who emphasized Texans’ desire to own their property instead of renting it from the government. The debate over property taxes in Texas has taken center stage in the current legislative tax cut discussions, with the question of…
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Progressive Bill Seeks to Restrict Criminal Background Checks by Landlords on Prospective Tenants
Representatives Rashida Tlaib and Ayanna Pressley, both members of the progressive group known as the “Squad,” have introduced a new bill aimed at limiting consumer reporting agencies from including criminal history information in tenant screening reports. Landlords may face restrictions on conducting criminal background checks on potential tenants as progressives advocate for changes in tenant…
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Lowering Interest Rates Instead Of Interest Rate Hikes Will Help Boost The US Economy
Instead of interest rate hikes, financial markets should start lowering interest rates to boost the US economy. Lowering Interest Rates Will Boost Economic Growth Amidst Inflation and Other Struggles With the current inflation and other economic struggles, lowering interest rates in Federal Reserve System will help boost economic growth instead of continuous interest rate hike…
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NYC Retired City Workers Are Upset With Downgraded Healthcare Plan Under Medicare
Retired city workers in New York City were upset with the downgraded healthcare plan under Medicare. Retired City Workers in NYC Will Expect Changes in Health Insurance Following Downgraded Medicare Deal Eligible retired city workers will expect changes in health insurance following the downgraded Medicare deal in New York City. According to reports from New…