Black activist to blast Biden admin energy agenda allegedly causing low-income households to ‘suffer most’
According to an internal preview of testimony to Congress, the head of a leading Black activist group is expected to blast the Biden administration's energy policies for prioritizing tackling climate change over the housing affordability crisis. Donna Jackson, director of membership development for Project 21, a Black think tank at the National Center for Public […]
Reforming 340B vital for affordable medication for low-income patients
Time 340B Drug Pricing Program Established in 1992, the program was intended by Congress to help low-income and uninsured patients afford prescription drugs. Pharmaceutical companies that make drugs covered by Medicaid are required to participate in the program, which offers them to patients at a discount that averages 25 to 50 percent off the wholesale […]
Aussie banks to return $19 million charged in high fee to low-income customers By Reuters – Investing.com
(Reuters) – Four Australian banks will refund a combined A$28 million (U.S. $18.95 million) to low-income customers after an investigation by the corporate regulator found they were kept in bank accounts that charged high fees when they were eligible for cheaper products. A report released on Monday by the Australian Securities and Investments Commission (ASIC) […]
NYC’s Low-Income Neighborhoods Overwhelmed by Migrant Shelters
Low-income New Yorkers are raising alarm bells that Mayor Eric Adams (Democrat) is placing most of the migrant shelters in their already impoverished neighborhoods, siphoning resources meant for Americans in need. New York City is home to a staggering 193 government-run migrant shelters, none of which are in zip codes with the top five median […]
Condoleezza Rice says why school choice would help low-income, minority students
Former Secretary of State Condoleezza Rice He defended the need for school choice in the United States, saying the lack of school freedom primarily harms low-income and minority students. Rice, current director of Stanford University’s Hoover Institution, spoke about educational freedom at a democracy-focused fireside chat held June 6 at the Ronald Reagan Presidential Foundation […]
Consumer Alert: CEO says a public bank would allow her credit union to help more low-income borrowers – News10NBC
Consumer Alert: Credit union CEO says public banks will help more low-income borrowers It’s the final stretch. State lawmakers were probably drinking gallons of caffeine Friday night, trying to get bills passed before the session ends. One of the bills would create a public bank in Rochester, an idea I told you about on Tuesday, […]
NY to require providers offer $15 broadband to low-income customers
New York state may move forward with legislation that would require internet service providers to offer deep discounts to low-income residents, a federal appeals court ruled Friday. The ruling by the 2nd Circuit Court of Appeals in Manhattan overturns a 2021 lower court ruling that blocked the policy days before it took effect. The law […]
There’s ‘More Distress’ in Low-Income Households, But Households ‘Generally’ in ‘Very Good’ Shape
In an interview with CNBC published Monday, Treasury Secretary Janet Yellen said that “some low-income consumers have probably exhausted their savings buffers.”[s] On top of what they’ve been accumulating during the pandemic, we’re seeing a trickle of suffering at the household level. However, despite this, “our economy is good and strong,” “very strong domestic demand” […]
California Republicans question Democrats’ $1.5 billion ask for low-income healthcare despite massive budget deficit
California Republican lawmakers are questioning how Democrats will spend an approved $1.5 billion boost to fund Medi-Cal while the state grapples with a budget deficit anywhere from $38 billion to $73 billion, depending on who you ask. With Gov. Gavin Newsom‘s (D-CA) budget, the California Legislative Analyst’s Office reported that the state would spend about […]
Fast-food companies seeing low-income diners pare orders
Skyrocketing prices at fast-food joints and restaurants in the United States are causing people to fall down the income ladder, with executives at chains like McDonald’s and Wendy’s recently raising concerns about losing business from customers with the tightest budgets. He said there was. Polls show that about a quarter of low-income consumers (defined as […]