Labor, health, and education programs were cut by $5.5 billion; Defense got a raise.Government Executive
The 1,500 page measure, known as acontinuing resolution, would have done more than keep the government funded at current levels to prevent agovernment shutdown. The bill was laden with dozens of add-ons making it resemble the massive end-of-year spending packages that GOP leaders have vowed ...
Noticeably missing from the short-term spending bill, however, was security and humanitarian aid for Ukraine, as well as disaster relief. Does Congress get paid during a government shutdown? A history of government shutdowns: The 14 times funding has lapsed since 1980 Here's what to know ...
Electric bill In 2023, the average electric bill among U.S. residences was about $137 per month, according to the U.S. Energy Information Administration [1]. To save money on your electric bill, try to be more efficient with your appliances and devices. Investing in a programmable or "...
The Inflation Reduction Act contains $500 billion in new spending and tax breaks that aim to boost clean energy, reduce healthcare costs, and increase tax revenues. Get the latest April 17, 2024 In the time since this article was first published, McKinsey has continued to explore ...
Challenges, Opportunities in Higher Ed Panelists at one event focused on effects of the shifting landscape for U.S. colleges and universities. Sarah WoodApril 29, 2025 Decide Whether to Get a Ph.D. Here's what to know if you're considering earning this increasingly popular advanced academic ...
It isn’t common, but there are times when your Social Security payment could be delayed. Maryalene LaPonsieApril 30, 2025 401(k) Rollover: Is an Annuity Right? Annuities offer protection, but your 401(k) already gives you tax advantages without the fees and complexity. ...
In addition to worries about the economic impact of the presidential election, economists are keeping their eye on the risk of a government shutdown. Although it wasaverted this yearwith approval of a stopgap spending bill, Congress is staring down deadlines in January and February to work togeth...
Generally, experts recommend paying attention to the economy but not making major financial decisions based on the day-to-day news developments. Geoff WilliamsMay 8, 2025 Trump’s Economy and Our Financial Plans Inflation continues to be a concern, so people are changing their spending ...
President Joe Biden recently signed Congress' 2022 fiscal year spending bill, which includes a $400 increase to the maximum federal Pell Grant award, bringing it up to $6,895 for the 2022-2023 award year. "Every time the maximum Pell Grant is increased, it expands the income thresholds th...