Committee supports issuing subpoenas for Bill and Hillary Clinton
House Panel Moves to Subpoena Clintons A House committee recently voted in favor of issuing a subpoena to former President Bill Clinton and former Secretary of State Hillary Clinton. This decision came during a hearing led by Rep. Scott Perry from Pennsylvania, who referenced connections to Ghislaine Maxwell, a known associate of the late Jeffrey […]
Trump’s ‘One Big Beautiful Bill’ may take health coverage away from 3 million Californians.
What do you know Nearly three million Californians are at risk of losing Medicaid coverage within the next decade, according to Governor Gavin Newsom. The Medicaid program could face cuts totaling 1 trillion dollars due to a new tax law by President Trump. As part of this, adults will need to prove they are working […]
Circle Rated as a ‘Sell’ by Compass Point Following Trump’s Stablecoin Bill Signature
Simply put Compass Point analysts have downgraded Circle (CRCL) shares to a “sell” rating. They mentioned increased competition in the Stablecoin space, falling Federal Reserve rates, and a drop in retail participation as potential drawbacks. The shares recently closed down over 8%, currently valued around 34%, a significant drop from an all-time high of $298.99. […]
The Impact of the GOP Budget Bill on California Health Insurance Costs
Heather Altman at her Long Beach home, expressing concerns about affording health insurance following a new GOP budget bill. Photo by Jules Hotz of Calmatters Heather Altman left her corporate job to start her environmental consulting business back in 2014, when the Affordable Care Act allowed greater access to independent health insurance. Initially, she paid […]
Billy Joel informs Bill Maher that he no longer worries about criticism related to being woke.
Billy Joel Opens Up About Criticism from the Left Famed musician Billy Joel recently shared that he no longer worries about complaints from the far left regarding his music or statements. This candid comment came during an episode of Bill Maher’s “Club Random” podcast, released on Monday. During their conversation, Maher and Joel discussed how […]
More than half of Americans believe the ‘big, beautiful bill’ will increase health care expenses: Poll
A recent poll indicates that 57% of Americans are concerned about rising medical costs attributed to tax cuts and cuts in welfare. This finding, from a CBS/YouGov survey, seems significant, especially with only 13% believing that the new legislation—referred to as the “big beautiful bill”—would lower healthcare expenses. The Congressional Budget Office hasn’t finalized its […]
Five misconceptions about Medicaid changes in Trump’s ‘One Big Beautiful Bill Act’
The “One Big Beautiful Bill Act” primarily revolves around tax reductions and reformed welfare initiatives, particularly targeting Medicaid. These proposed changes have sparked significant criticism, with various contentious points making their way into the mainstream discussion. There are five common misconceptions about Medicaid reform that seem particularly misleading. The first myth suggests that reforms lead […]
What Medicaid Recipients Need to Understand About the ‘One Big Beautiful Bill’
Key Takeaway Nearly $1 trillion will be cut from Medicaid over the next decade, and recipients may notice these changes soon. Eligibility criteria are changing, which limits retroactive coverage and tightens verification timelines. The impact on healthcare will be significant, especially in rural areas, and states will face greater costs than before. With the new […]
Implications of a GOP bill against central digital currency for consumer banking
The recent GOP initiative to ban Central Bank Digital Currency (CBDC) could potentially derail significant plans to modernize the Federal Reserve’s electronic payment system. On Thursday, some Republican lawmakers voiced their concerns in the House, expressing fears that the CBDC might enable the government to monitor citizens’ financial transactions. The banking sector has already provided […]
Key tax changes in Trump’s ‘big beautiful bill’ for 2025 and their implications for you
It’s been about two weeks since the president’s new legislation, often referred to as the “Big Beautiful Building,” was signed into law. Financial advisors and tax professionals are still working to understand what this sweeping law means for their clients. Some changes are set to take effect in 2025, impacting tax returns that will be […]