SELECT LANGUAGE BELOW

Social Security update: Third round of June payments worth $4,873 to go out in seven days

The third and final of June’s three Social Security payments, worth up to $4,873 for the highest income earners who retire at 70, will be sent to the next group of retirees in seven days. Here is everything to know about this month’s Social Security payments. What is it? Social Security retirement payments are monthly checks given to retirees, meant to […]

Social Security payments could see steep cuts starting in 2033

The chief actuaries for Social Security and Medicare testified before a House committee Thursday about looming financial difficulties for the two safety-net programs that could deplete key trust funds within about a decade and leave recipients facing benefit cuts if Congress doesn’t fix the funding shortfall. Social Security and Medicare trustees recently released reports examining […]

Fauci, Collins Bagged 58 Royalty Payments Amid $325 Million Collected By NIH

Editors’ Note:  This information seems to go even beyond what is called “regulatory capture.” Rule making agencies often lack expertise and hence tend to recruit personnel from the very companies they regulate. Progressives argued that “market failure” required the guiding hand of bureaucrats to correct abuses. However, in this case, regulators actually stand to profit […]

Americans typically spend about 24% of their income on mortgage payments

The average mortgage payment is just over $2,000. (iStock) Mortgage payments are up from a year ago, but still below the threshold that many mortgage experts recommend homeowners adhere to. Often recommended by homeowners Don’t spend more than 30% of your income Regarding housing costs, the average monthly mortgage payment for a single-family home currently […]

Raskin targets Trump foreign payments with emoluments legislation

Rep. Jamie Raskin (D-Md.) on Tuesday focused on an issue that has plagued President Trump’s term, strengthening enforcement of constitutional limits on federal employees receiving payments from foreign governments. submitted a bill to do so. Mr. Raskin’s bill would expand the scope of the so-called emoluments clause, restricting federal elected officials and some senior appointees […]

Monthly car payments decline despite rising auto insurance rates

More than 17% of drivers who own a new car pay more than $1,000 per month. (iStock) The auto industry is becoming increasingly affordable, with monthly payments for a new car averaging $735 as of the first quarter. Although it is still at a high level, it is a slight decrease compared to the previous […]