Inflation has been one of the major issues existing in America in the recent past. As per the latest inflation data release today, the 8.5 percent increase in July’s Consumer Price Index is going pretty good and it is quite the news for consumers and policymakers. This … Read more
In order to keep up with inflation, the Social Security Administration recalculates Social Security benefits each year. The cost of living allowance is calculated using the third-quarter Consumer Price Index for all urban wage earners and clerks. It is announced in October and takes effect in January, … Read more
Low-income families will get $450 per child in payments from the state of Florida to help alleviate the effects of decades-long inflation. As the cost of living continues to rise, more than a dozen other states have enacted some form of relief program. State-specific stimulus measures vary, … Read more
States have begun to issue their own checks, despite the fact that the federal government is unlikely to continue to do so in the near future. To help you out, here are the facts. California CBS News reports that Californians would get up to $1,050 in stimulus … Read more
More than half of California’s residents may soon get a stimulus check from the state, Governor Gavin Newsom’s office announced earlier this week. As part of an inflation relief plan worth $17 million, an estimated 23 million eligible Californians would get payouts, reaching up to $1,050 per individual, … Read more
To assist low-wage workers, the state of Oregon has passed a measure that will see $600 payments made to over 236,000 households starting this week. People who claimed the Earned Income Tax Credit, a tax cut for low-income employees, on their 2020 taxes and lived in Oregon … Read more
More than one million Californians may receive thousands of dollars in aid in the fight against skyrocketing gasoline prices and other commodities. Gov. Gavin Newsom and legislative leaders in California struck an agreement on the framework for the state budget for 2022-23, Newsom’s office announced on Sunday. … Read more
Several reports over the holiday weekend indicated that the Biden administration is contemplating a few possibilities as a fresh stimulus plan to address rising gas costs. A decision on a gas tax break is expected to be made before the end of the week, according to the … Read more
Responding to the coronavirus epidemic by making large stimulus payments in 2020 and 2021 was a bit of a double-edged sword. On the one hand, the payments prevented a serious recession in the US economy and helped the stock market reach new all-time highs quickly after a … Read more
Why some states are sending out the stimulus check again: To assist improve the U.S. economy at the height of the Covid-19 pandemic in March 2020, U.S. politicians chose a bold course of action and passed a $2.2-trillion stimulus plan. It was followed by two further installments … Read more
Rumors about Johnny Depp Disney deal are circulating all over the internet. Post the divorce of Depp from his ex-wife Amber Heard, Johnny had to suffer a lot of losses, both in his personal life and professional life. Films like “Fantastic Beasts: The Secrets of Dumbledore” and … Read more
Planned reforms to Social Security have been unveiled by lawmakers, who claim that they will raise benefits while also improving the program for future generations. The Social Security Expansion Act has been submitted by Representative Peter DeFazio and Senator Bernie Sanders. For seniors, the plan includes an … Read more
On Friday, a Torrington man was sentenced to three-and-a-half years in prison for taking a government stimulus check-in 2020 from another man at gunpoint and danger of injury for sexually abusing a 13-year-old girl in a separate incident. In the wake of his sentencing hearing, Jeffrey Schumacher, … Read more
Multiple news agencies on Friday stated that the Biden administration has recently mulled over a new stimulus plan of mailing Americans rebate cards to assist offset the rising price of gasoline. The Washington Post wrote that senior White House aides had lately reviewed a plan to issue petrol … Read more
Let me tell you about my college debt story in light of the recent news that the Biden administration is discussing student loan forgiveness. I was the only one paying attention to the financial assistance workshop at Northeastern University’s undergraduate orientation when I was 18 years old. … Read more
As the cost of living rises and the economy is on the verge of a recession, many Americans are hoping that the Biden administration will fulfill a key campaign promise by waiving their student loan debt. However, after 18 months in office, many voters are beginning to … Read more