Last pandemic-era student loan benefit ends even as borrowers struggle to make payments
The last of the pandemic-era student loan benefits will be wiped out, cutting off four years of extra aid for borrowers, but advocates say it was never actually enough. The Biden administration's “infusion of capital” over the past year ended in early October, and borrowers will now be subject to penalties for missing payments. Advocates […]
Morgan Stanley names China stocks set to benefit from a ‘sustained rally’ – CNBC
Morgan Stanley says Chinese stocks could move beyond short-term gains and enjoy a more “sustained rally” in the next phase, riding the wave of stimulus and signals announced last week. There is. Morgan Stanley analysts said in a Sept. 29 note that “last week's policy shift…was driven by strong monetary easing and unprecedented measures aimed […]
Biden-Harris Admin Calls On Railroad Giants To Give Workers Benefit That It Tanked Years Ago
President Joe Biden's administration is calling on the three major freight railroads to guarantee paid sick leave to employees, even as they cut benefits to avoid a 2022 railroad strike. Transportation Secretary Pete Buttigieg and Acting Labor Secretary Julie Su I wrote a letter On Wednesday, it urged railroad giants CSX, Canadian National Railway and […]
Macklemore Chants ‘F**k America’ at ‘Palestine’ Benefit Concert
Grammy Award-winning rapper Macklemore caused controversy at a recent benefit concert for Palestine in Seattle, where he was filmed yelling “F**k America” to cheering crowds.. Saturday's event, titled “Palestine Lives Forever,” was aimed at raising funds for several organizations, including the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). […]
‘Respect our warriors’: House GOP veteran proposes key benefit to aid deployed service members
Exclusive: An Army veteran and member of the House Foreign Affairs Committee introduced a bill Thursday that would eliminate the tax for all U.S. military personnel deployed overseas. Rep. Warren Davidson's (R-Ohio) bill, the “BRAVE Act,” would amend the IRS Code to expand the exemption beyond designated combat zones to all non-permanently deployed military personnel […]
Generous Benefit Plans Leading Gov’t Employees To Be Nearly 40% More Expensive Than Private Sector
The cost of hiring state and local government workers in the second quarter of 2024 was 39.7% higher than private sector employees, mainly due to more generous benefit plans, according to data released Tuesday by the Bureau of Labor Statistics (BLS). Total compensation costs, including wages, salaries and benefits, averaged $43.94 per hour for private […]
Scott says Trump would benefit if Harris talks ‘99% of the time’ at the debate
Sen. Rick Scott (R-Fla.) revealed the “biggest thing” he believes will give former President Donald Trump an advantage in his upcoming debate with Vice President Kamala Harris in Philadelphia. “The best thing Trump can do for her is for her to talk 99 percent of the time,” Scott said during Tuesday night's debate in the […]
Harris doubles down on support for left-wing benefit for illegal immigrants: ‘Smart solutions’
In her new campaign policy page, Vice President Kamala Harris is doubling down on her support for a “path to citizenship” for undocumented immigrants while laying out a tougher approach to border security overall. “Vice President Harris and Governor Walz believe in tough, smart solutions to secure our border, make our communities safe, and reform […]
New cap on Medicare prescription drug costs to benefit 3 million next year – KOMO News
Seattle — At a time when many costs are rising, millions of Americans could soon see big savings on a key expense. “Previously, people who had a Medicare prescription drug plan had no limit on the amount they had to pay out of pocket each year,” said Lee Purvis, director of prescription drug policy for […]
The Guardian view on winter fuel payments: a mess of Labour’s own making over benefit cuts | Editorial
circleFuel payments for all pensioners are Gordon Brownwas one of the last Labour government's greatest achievements. During the harsh winter of the miners' strike, he became keenly aware of the devastating impact that means testing would have on older people. New Labour has Million pensioners Lifting ourselves out of relative poverty. It is odd that […]