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The Biden administration recently announced a new proposed student loan repayment plan that, according to the Department of Education, will provide millions of borrowers with lower required monthly payments and increase the speed of student loan forgiveness. Technically this proposal revises an existing ...
Biden administration’s drone solution? A commission on ‘congestion’ Concerns about the mystery drone sightings have continued to proliferate on social media and in news reports. ByOriana Pawlyk|December 19, 2024 12:00 PM New Jersey governor pardons nearly three dozen in first clemency act ...
President Joe Biden made delivering debt relief to people with student loans a key policy issue of his 2020 campaign, butRepublican-led stateshave sued to block many of those efforts, while the Supreme Court in 2023ruled 6-3 against his planto erase up to $20,...
President Biden has signed theFederalDisasterTaxReliefAct(H.R. 5863; P.L. 118-148). As we previously reportedhere, the bill: Retroactively excludes from gross income qualified wildfirereliefpayments paid to individuals as compensation (other than insurance payments) for losses, expenses, or damages...
WASHINGTON - Millions of US households who received coronavirus-relief payments under President Donald Trump would not get aid under a modified version of President Joe Biden's $1.9 trillion aid package announced on Wednesday, analysts said.
President Joe Biden's $2 trillion infrastructure plan and offshore wind ambitions offer viable pathways for decarbonizing the U.S. economy, according to a major utility CEO and a former U.S. energy secretary. The 10-year American Jobs Plan, released March 31 by the White House, proposes ...
In a post on X, Spadea excused the pardons as a necessary corrective to the ‘weaponization’ of the Justice Department under President Joe Biden. ‘As you know from my decade plus public history, I will always put law enforcement first. At the same time, I 100% support President Trumps...
The latest tax plan to pay for President Joe Biden'ssocial spending billwould exact a minimum tax on the nation's biggest companies and slap a surtax on the very wealthiest Americans, among other provisions. It also includes international taxation reforms, would close tax loopholes benefiting the...
When asked abouttax loopholes, my first reaction is to determine whether something is an actual tax preference or merely a mitigation of a tax penalty. And that means understanding the “tax base.” For instance, IRAs and 401(k)s are not loopholes. They are a way for taxpayers toprotect ...