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 … Read more
Gov. Josh Shapiro’s First Budget Proposal Was Implying Debate As It May Cause Financial Collapse. The Governor’s Proposal Is To Increase Tax Rebates Up To 54%, From Property Tax Of Senior Citizens, Widowers And Person With Disabilities. Tax Rebates raise debates and Concerns as it may cause Fiscal Deficit Tax rebates proposal for … Read more
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 … Read more
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 … Read more
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 … Read more
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. … Read more
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. … Read more
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 … Read more
This proposal follows a tragic incident on Interstate 55 where seven Illinois residents died, and multiple fire departments responded to the scene, relying heavily on volunteers to help in the recovery. Illinois lawmakers are pushing for a new tax credit to help address a shortage of firefighters across the state Senate Bill 2253 is aimed … Read more
Senator Marco Rubio from Florida is advocating for a reform of the Supplemental Nutrition Assistance Program (SNAP) that would prohibit the use of federal benefits to buy junk food. Senator Marco Rubio calls for SNAP reform to prohibit junk food purchases with federal benefits In an op-ed in the Wall Street Journal, the senator mentioned … Read more