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Participants across the country have told BI they spent basic income money to pay rent, afford groceries, pay off debt, and support their children. In April, Chicago announced that it will restart it's basic income program. The renewed Chicago program will join a wave of over 100 basic-income pilots that have been launched since 2019. Fisher is still worried about costs, but Chicago basic income gave her 'a brand new start'When Fisher began receiving basic income, she felt immediate relief. With basic income payments, Fisher was able to afford daily expenses and buy the clothes and shoes she and her daughter needed.
Persons: , Jennette Fisher, Sophia, Fisher, Fisher would've, Teri Olle, Chuck E, hadn't, She's, she's, Chicago's Organizations: Service, Business, SNAP, Economic Security, Chicago, father's Locations: Chicago, City, Economic Security California
Basic income has become a trending strategy to combat poverty in cities nationwide. ARPA funds have been used to partially or fully fund most US basic-income pilots so far, but funds are set to expire. While philanthropy and nonprofit work have been central to basic-income pilots, they are not always a long-term or large-scale funding solution. More GBI programs are electing to focus on specific groups of participants, like low-income parents with children and foster youth. The program is funded through the Temporary Aid to Needy Families Program (TANF), an existing federal cash assistance program for low-income families.
Persons: , Michael Tubbs, Tubbs, It's, Tubbs —, GBI —, Marcela Díaz, let's, Díaz, Teri Olle, Olle, John Gillette, Ken Paxton, Dustin Palmer, GiveDirectly, Palmer, Shafeka Hashash, Hashash, Hashah, GBI Organizations: Service, Business, SNAP, Medicaid, Somos Un, Somos Un Pueblo Unido, Economic Security, New, New Mexico House, California Senate, Republican, South Dakota Republicans, ARPA, Pew Charitable Locations: Stockton , California, Durham , North Carolina, Birmingham, Chicago, Antonio, San Antonio, Denver, Seattle, California, New Mexico, State, Mexico, Somos, Somos Un Pueblo, Economic Security California, Arizona, Iowa, Harris County , Texas, Flint , Michigan
The best in show competition, essentially a doggie beauty pageant, is the culmination of a multiday canine extravaganza here at Westminster. The winner, with a blink-and-you’d-miss-it time of 28.76 seconds, was an All-American dog named Nimble. Nimble was the first All-American dog — the dog show word for mutt — to take the top spot in the 11 years that agility has been part of Westminster, and he was also the first dog from the 12-inch division to win the competition. Perhaps the best example is Kratu, a rescue dog who has appeared several times at the Crufts dog show in England. Miles, an All-American rescue dog from Erie, Pa., who defeated the odds to become an agility champion and whose unlikely road to Westminster was described in The Times, competed on Saturday in the 20-inch division.
Persons: mutt —, Lark, Hogan, Miles, Christine Longnecker, Organizations: The Times Locations: Westminster, England, Erie, Pa
Ann Arbor's program, called Guaranteed Income to Grow Ann Arbor, is giving low- and moderate-income residents $528 a month, no strings attached. Over 50 municipalities have tried the GBI model since 2019, offering low-income participants between $100 and $1,000 a month, no strings attached for one to five years. "This pilot will help us learn whether guaranteed income payments can be an effective way to help some entrepreneurs with their business efforts." Chicago announced in April that it restarted its previous GBI program that offered low-income residents $500 a month. A GBI program in Harris County, Texas is being challenged by Attorney General Ken Paxton, who called the program "unconstitutional."
Persons: , Ann, Ann Arbor's, Monique Gonzalez, Ann Arbor, GBI, Ken Paxton Organizations: Service, Business, Local, Services, Denver, Ann Arbor Area Community Foundation, University of Michigan, Chicago, Republican Locations: Ann Arbor , Michigan, Ann Arbor, San Antonio, Antonio's, Ann, Michigan, Atlanta, Denver, Flint, Harris County , Texas, Iowa , Arizona, South Dakota
Across Milwaukee, residents can see evidence of federal money from laws passed under the Biden administration, if they know where to look. It shows up in a growing array of solar panels near the airport. Some money has yet to be spent, like $3.5 million to rebuild the penguin exhibit at the local zoo and $5.1 million to repair the roof of Milwaukee Mitchell International Airport. That presents both an opportunity and a challenge to Mr. Biden’s re-election campaign as it seeks to show Americans how federal investments have improved their lives. Doing so is difficult because the laws delegated many spending decisions to state and local officials, obscuring the money’s source.
Persons: Biden, Biden’s Organizations: H.I.V, Milwaukee County, American, Infrastructure Law, Milwaukee Mitchell International Locations: Milwaukee
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Dallas Fed President: Fed shouldn't be talking about rate hikes but should keep options openRobert Kaplan, former Dallas Fed president, joins 'Squawk on the Street' to discuss whether the Federal Reserve should be talking about a rate hike this soon, how the American Rescue Plan Act affects Fed decisions, and more.
Persons: Robert Kaplan Organizations: Former Dallas Fed, Dallas Fed, Federal, American
CNN —Joe Biden landed a major union endorsement Wednesday from North America’s Building Trades Unions, whose leaders say the president has his infrastructure bill largely to thank for it. The backing from NABTU, which has 3 million members nationwide, is more enthusiastic than its 2020 backing of Biden. That’s raised questions about the political future of the next generation of union members. It’s “almost like the perfect leader was sent at the perfect time for working people,” NABTU President Sean McGarvey told CNN about Biden in an interview announcing the endorsement. Biden appeared at the union’s conference in Washington on Wednesday to officially get the nod – which union leaders also want to be seen as a stark rebuff of Trump, who eagerly solicited support from union members and leaders during his time in office, but, their leaders say, didn’t deliver.
Persons: CNN — Joe Biden, Biden, Donald Trump, That’s, It’s, , Sean McGarvey, Trump, NABTU, ” Biden, , ” “, Joe Biden, Elizabeth Frantz, Biden’s, McGarvey, ” McGarvey, it’s, Trump’s, Sean, “ Donald Trump, ” Brent Booker, Booker, ” Booker, didn’t, Julie Chavez Rodriguez, “ Biden, he’s, Mitch Landrieu, ” Landrieu, CNN’s Michael Williams Organizations: CNN, Unions, Teamsters, Republican, Democratic, Biden, Trump, Covid, North, Washington Hilton, ’ International Union of Locations: America’s, Pennsylvania, Michigan, Wisconsin, NABTU, Washington, Washington ,, Chicago, ’ International Union of North America
He knows the GBI money will help him breathe a little easier. Uplift Harris' program will begin payments in the meantime, according to the office of Precinct 1 Commissioner Rodney Ellis. Uplift Harris participants hope the program will make them more financially stableGuaranteed basic income is an increasingly popular solution to combat poverty in US cities. GBI participants have previously told BI that they used the funds to secure housing and food, pay off debt, and afford school supplies for their children. Have you benefited from a guaranteed basic income program?
Persons: , Delwin Sutton, doesn't, Sutton, Ken Paxton, Harris, Paxton, Rodney Ellis, Sutton doesn't, Dustin Palmer, We've, Palmer, Jay Carter, isn't, Carter, Still, Harris County Attorney Christian D, Menefee Organizations: Service, Business, Harvard, Yale, Texas Attorney, Services, American, Republican, Harris County Attorney, Austin, South Dakota Republicans, doesn't Locations: Houston, Harris, Harris County, GBI, Texas, Austin, San Antonio, El Paso County, The Arizona, South Dakota, Iowa
In December of last year, single mom Courtney Peterson was laid off from her job working for a now-shuttered inpatient transitional living program. Peterson said she began to research potential avenues for help, immediately concerned about making January's rent. "I started to reach out to local churches or places that said they offered rent assistance," Peterson told CNBC. Instead of an eviction notice, Peterson received a letter from Homelessness Prevention Unit within the Los Angeles County Department of Health Services, offering a lifeline. The pilot program uses predictive artificial intelligence to identify individuals and families at risk of becoming homeless, offering aid to help them stabilize and remain housed.
Persons: Courtney Peterson, Peterson, I'd, Dana Vanderford, they've, Vanderford, we've, Amber Lung, Lung Organizations: CNBC, Prevention, Angeles County Department of Health Services, U.S Department of Housing, Urban, county's Department of Health Services, American Locations: Van Nuys, Los Angeles, California
That idea of guaranteed income is receiving renewed interest as AI becomes an increasing threat to Americans’ livelihoods. As more Americans’ jobs are increasingly at risk due to the threat of AI, Tubbs and other proponents of guaranteed income say this could be one solution to help provide a safety net and cushion the expected blow AI will have on the labor market. “Then, when we have to deal with that job displacement, we’re better positioned to do so.”Silicon Valley’s infatuation with guaranteed incomeThe idea of a guaranteed income is not new. AFP/Getty ImagesDecades after King’s death, the idea of guaranteed income went on to see a resurgence of support emanating out of Silicon Valley. Other tech industry tycoons, including Twitter co-founder Jack Dorsey, have also thrown immense financial support behind guaranteed income programs.
Persons: CNN — Michael Tubbs, Tubbs, , , ” Michael Tubbs, Nick Otto, ” Tubbs, Nathan Frandino, Let’s, Martin Luther King, Jr, I’m, ” King, King, Elon Musk, Mark Zuckerberg, Sam Altman —, Musk, Rishi Sunak, Zuckerberg, ” Altman, Altman, Sam Altman, Justin Sullivan, Elizabeth Rhodes, Jack Dorsey, Dorsey, Ken Paxton, ” Paxton, overreach, ‘ It’s, ’ Tomas Vargas Jr, Vargas, I’ve, that’s, ” Tomas Vargas Jr, Tomas Vargas Jr, ” Vargas Organizations: CNN, Getty, Global, Monetary Fund, Reuters, Stockton, Civil Rights, Washington DC, Elon, , UK, Harvard, Facebook, YCombinator, Twitter, UPS Locations: Stockton , California, Silicon Valley, Big, America, Stockton, AFP, San Joaquin, U.S, Washington, Alaska, YCombinator, San Francisco , California, United States, Texas, Harris, Harris County
Read previewThe Texas Attorney General's office sued Harris County, which contains Houston, over its new guaranteed income pilot that would give nearly 2,000 residents $500 a month for 18 months with no strings attached. The state is seeking to block Harris County from giving its first payments to participants, which are slated to start in April. In response, Harris County Attorney Christian D. Menefee said that the lawsuit is "nothing more than another attack" on the county government. The Austin Guaranteed Income Pilot has distributed $1,000 a month to 135 low-income families, who reported using their money for housing, food, and other daily costs. Republican lawmakers are trying to ban guaranteed income programs in states such as Arizona, Iowa, South Dakota, and Wisconsin.
Persons: , Ken Paxton, Harris, Harris County Attorney Christian D, Menefee, Dustin Palmer, Paxton, Sen, Paul Bettencourt Organizations: Service, Texas, Business, American, Harris County Attorney, Republican, Austin Locations: Harris, Houston, Texas, Harris County, Austin, Arizona , Iowa, South Dakota, Wisconsin
The Jamie Dimon manifesto
  + stars: | 2024-04-09 | by ( Juliana Kaplan | ) www.businessinsider.com   time to read: +7 min
The 2023 shareholder letter from JPMorgan Chase CEO Jamie Dimon is chock full of policy ideas. Jamie Dimon, the billionaire CEO of JPMorgan Chase, outlined some of the biggest issues facing the company, the country, and the world in his 2023 annual shareholder letter. But he says that the US needs to flex its other muscles of power — economic policy, diplomacy, and intelligence — beyond military strength. Dimon points to the growth in wage inequality, saying that "wrong" policy falls disproportionately on the backs of lower-earning Americans. Dimon previously said that taxes on the wealthy could help offset the costs of bolstering the EITC.
Persons: Jamie Dimon, , JPMorgan Chase, who's, Dimon, Oppenheimer, Donald Trump Organizations: JPMorgan Chase, Service, JPMorgan, US, Ukraine, Woods, Monetary Fund, American Locations: Ukraine, China
US President Joe Biden speaks about student loan relief at Madison College in Madison, Wisconsin, on April 8, 2024. Andrew Caballero-reynolds | AFP | Getty ImagesTax treatment of student loan forgivenessStudent loan forgiveness is federally tax-free through 2025 — thanks to a provision from the American Rescue Plan Act of 2021. But the future taxability of student loan forgiveness is unclear. Many states have conformed to federal rules on the taxability of student loan forgiveness. Depending on your situation, higher income from taxable student loan forgiveness could cause "a chain of [tax] consequences," such as phaseouts for other tax breaks, Lucas said.
Persons: Joe Biden, Andrew Caballero, reynolds, Biden, Tommy Lucas, Moisand Fitzgerald Tamayo, Lucas, that's, Ethan Miller, isn't, Miller Organizations: Madison College, AFP, Getty, American, Planning, Progress, D.C Locations: Madison , Wisconsin, Orlando , Florida, Washington
Cities like San Antonio, Austin, Denver, Boston, and Minneapolis have turned to basic-income pilot programs to explore ways to reduce those poverty levels. Republicans in Texas, Arizona, Iowa, and South Dakota are making efforts to ban GBI programs at the municipal and state level. AdvertisementStates and cities sometimes fund basic-income programsMany basic-income programs receive funding directly from state and local governments. Nonprofits and philanthropy play a key role in basic-income fundingOther basic-income programs are organized through a nonprofit, or receive funding from foundations and private donors. Along with funding cash payments, the Economic Security Project said that philanthropic donations can help a GBI programs pay for income policy research.
Persons: , Monique Gonzalez, John Gillette, Flint, Joe Biden, Jack Dorsey, UpTogether Organizations: Service, Economic Security, Business, SNAP, Republicans, BI, American, ARPA, Chicago's Department of Family, Support Services, Mayors, Georgia Resilience, GRO Fund, Colorado Trust Locations: Cities, San Antonio, Austin, Denver, Boston, Minneapolis, Texas , Arizona , Iowa, South Dakota, Arizona, California, Los Angeles, San Francisco, Sacramento, Michigan, Massachusetts, Texas, Chicago, Somerville , Massachusetts, GBI, Harris, Houston, Georgia, Atlanta, Colorado
AdvertisementCities that offer financial support to low-income families could see a decline in child abuse rates, researchers say. Welfare referrals can stem from suspected physical harm of a child, sexual abuse of a child, or situations where a child isn't given basic necessities. Economic stress creates risk factors for abuseDarwiche is a pediatrician at the Children's Hospital of Philadelphia and specializes in cases of child abuse. Financial safety nets could reduce child neglectDarwiche called income support a prevention strategy for child abuse. Child tax credits, similarly, allow some families to rise out of poverty by offering ongoing financial relief to adults with dependents.
Persons: , Dr, Sabrina Darwiche, Darwiche, hospitalizations, Zoe Bouchelle, Bouchelle Organizations: Service, Children's Hospital, Philadelphia's, Children's Hospital of Philadelphia, Financial, SNAP, Denver, Biden Administration, ARPA, Denver Health, Children's Locations: America, San Antonio, Austin
Just over 2% of applicants to a Houston-area guaranteed income program were accepted — a lower acceptance rate than Harvard or Yale. Starting this month, 1,928 families will receive $500 a month, no strings attached, through Uplift Harris, a guaranteed income program in the Texas county that includes Houston. A majority of participants selected live in high-poverty ZIP codes and have a household income below 200% of the federal poverty line. Some participants were selected through the county's Accessing Coordinated Care and Empowering Self Sufficiency program which helps vulnerable residents improve outcomes. The pilot has been met with opposition from politicians including Texas State Sen. Paul Bettencourt, who in January sent a letter to the state attorney general concerning whether counties can legally enact guaranteed income programs.
Persons: Dustin Palmer, AidKit, Palmer, GiveDirectly, We've, Texas State Sen, Paul Bettencourt, Bettencourt, I've, it's Organizations: Service, Harvard, Yale, Business, American, SNAP, Texas State, Houston Public Media, Austin Locations: Houston, Uplift Harris, Texas, Harris, Harris County, West Harris County
Read previewA Massachusetts city is giving low-income families $750 a month, no strings attached. The guaranteed basic income program will focus on residents who are in danger of losing their homes. The Somerville GBI Pilot will serve about 200 low-income families currently experiencing housing insecurity. Related stories"My life was always just a couple hundred dollars short," a participant in San Antonio's income program told BI. St. Louis, Missouri recently distributed $500 monthly payments to low-income families, and Flint, Michigan is offering funds to new mothers.
Persons: , Boston —, Somerville, Katjana Ballantyne, Ballantyne, Joe Biden's, hasn't, John Gillette Organizations: Service, Somerville, Business, Greater Boston Area, Boston, ARPA, The University of Massachusetts, Republican Locations: Massachusetts, , Boston, San Antonio, Austin, Minneapolis, Durham , North Carolina, Denver, Antonio's, City, Somerville, Greater Boston, Arizona , South Dakota , Iowa, Texas, Arizona, Louis , Missouri, Flint , Michigan, Atlanta
It’s taking place on the heels of a campaign push slamming Trump for threatening to repeal the Affordable Care Act if he’s elected to a second term. Dunn argued the GOP plan shows “the Affordable Care Act is still very much under attack by Republican officials.”In contrast, Biden and Harris are expected to highlight the success of the Affordable Care Act and discuss efforts to expand access to health care and lower prescription drugs costs. Biden’s team also hopes the popularity of the Affordable Care Act and proposals to lower health care and prescription drug costs will resonate with voters at the ballot box. More than 45 million people in total have gained coverage through the Affordable Care Act, according to the Biden administration. Roy Cooper had advocated for the Affordable Care Act provision for years, finally convincing the Republican-led legislature to drop its long-standing opposition.
Persons: Joe Biden, Kamala Harris, Donald Trump, mifepristone, Tuesday’s, It’s, Trump, , Biden, Harris, , Anita Dunn, he’s, Dunn, Roy Cooper, Josh Stein, Mark Robinson, Cooper Organizations: Washington CNN, Raleigh, Democratic, Trump, Marist, Union, Republican, Affordable, White, What’s, American, Children’s Health Insurance, Medicare enrollees, Medicare, Medicaid, Democratic Gov, GOP, Senate, Gov Locations: North Carolina, Pennsylvania, Georgia , Wisconsin , Michigan, Nevada, Arizona, New Hampshire, Texas, Southern, Georgia, South Dakota, Florida, Kansas, Mississippi
Provisions of the TCJA — a landmark tax law proposed by the Trump administration and passed by Congress in 2017 — that are set to expire in 2025 include the child tax credit. An additional "other dependent credit" offers a tax credit of $500 to people with less than $400,000 in income who have qualified dependents who are ineligible for the child tax credit. Biden's budget will restore the expanded child tax credit, the White House has said. "Would you agree that if the TCJA child tax credit provisions are not extended, this would also result in a tax hike for Americans making under $400,000?" The budget would impose a minimum 25% tax rate on the unrealized income of the very wealthiest households and raise the IRA's corporate alternative minimum tax for billion-dollar companies from 15% to 21%, while increasing the larger corporate tax rate to 28%.
Persons: Janet Yellen, Joe Biden's, Biden, Sen, Steve Daines, Yellen, Daines, Trump, Mike Crapo, pare Organizations: Treasury, Capitol, WASHINGTON —, Congress, White, Child Tax, Rescue, National Conference of State Legislatures, . Census, House Republicans, Lawmakers, Department of Homeland Security Locations: Washington , U.S, Idaho
The budget seeks to restore the expanded Child Tax Credit and keep Social Security benefits intact. The budget also proposes a tax increase on billionaires, companies, and firms giving executives big paydays. The proposal comes after a tax bill that would partially expand the Child Tax Credit currently lingers untouched in Congress. Advertisement"It cuts costs for families with children and American workers and lowers childcare costs for hardworking families," Young continued. Would a restored child tax credit or maintained Social Security benefits impact your life?
Persons: Joe Biden, , White, Shalanda Young, Young, Biden Organizations: Tax, Social, Service, American, Management, Social Security, Federal, Aid, Republican, Republicans, Democratic, , GOP, Security
Opinion: Biden gave the speech of his life
  + stars: | 2024-03-08 | by ( Opinion Cnn Contributors | ) edition.cnn.com   time to read: +29 min
CNN —CNN Opinion asked political and policy contributors to weigh in on President Joe Biden’s State of the Union address. David Gergen: Biden just rewrote the presidential racePresident Joe Biden not only delivered perhaps the best speech of his life last night; he may have also changed the race itself. Roxanne Jones: Biden finally sounds like he’s ready to fightPresident Joe Biden finally has my attention. At the end of his speech, Biden reminded voters that he “grew up among working people” in Scranton. In his State of the Union speech, Biden had to answer the mail on all of these.
Persons: Joe Biden’s, David Gergen, Biden, Joe Biden, , Carrie Sheffield, Carrie Sheffield Barry Morgenstein, Donald Trump’s, pandered, Sophia A, Nelson, Trump, Sen, Andrew, , Donald Trump, Harris, Daniel McCarthy, Trump President Joe Biden, Daniel McCarthy Biden, Ronald Reagan, Bill Clinton, wasn’t, he’s, haven’t, Cori Bush, Rashida Tlaib, Bernie Sanders, Nikki Haley, Trump couldn’t, Reagan, Roxanne Jones, ” Biden, Smart, Jill Filipovic, Mike Johnson, David A, Vladimir Putin, Putin, ” David A, Benjamin Netanyahu, , SubStack’s, Paul Sracic, It’s, White, Paul Sracic Arne Hoel It’s, Hillary Clinton, Joe, ” Paul Sracic, Raul A, Reyes, ” Raul A, Marjorie Taylor Greene’s, Laken Riley, Mark Zandi, Mark Zandi Moody's, Ana Marie Cox, Ana Marie Cox Faith Fonseca, Biden’s, Dobbs, Roe, Wade, Peter Bergen, George W, Bush, Vladimir Putin’s, , beefed, Gazans Organizations: CNN, David Gergen CNN, Union, Harvard Kennedy School, Gallup, NATO, Democratic, Republicans, Trump, Independent Women’s, United States Senate, Biden, Congressional, Trump President, South Carolina Gov, GOP, Republican, Conservative, The Spectator, Syndicate, Big Pharma, Companies, American, Democrats, Twitter, NATO —, Israel, New York Times, CBS News, Democratic Party, United Auto Workers, Youngstown State University, Hudson Institute, Reyes CNN, Border Patrol, Georgia, ” Progressives, Pew Research Center, White, USA, Moody’s Analytics, Ana Marie Cox Faith, Jackson, Peter Bergen CNN, US Senate, New, Arizona State University Locations: Joe Biden’s State, America, United States, State, Gaza, Israel, New York, Ukraine, , American, China, Iran, Europe, Asia, Chicago, Scranton , Pennsylvania, Belvidere , Illinois, Scranton, Claymont , Delaware, Delaware, Ohio, Washington , DC, Georgia, Alabama, Austin, Iraq, New America
READ: Biden's State of the Union Address
  + stars: | 2024-03-07 | by ( U.S. News Staff | March | At P.M. | ) www.usnews.com   time to read: +41 min
President Joe Biden's State of the Union address as prepared for delivery:Good evening. A former American president actually said that, bowing down to a Russian leader. And it’s because of you that tonight we can proudly say the State of our Union is strong and getting stronger. Americans pay more for prescription drugs than anywhere else. I say this as a lifelong supporter of Israel and the only American president to visit Israel in wartime.
Persons: Joe Biden's, Franklin Roosevelt, , Hitler, Roosevelt’s, Lincoln, Putin, Ronald Reagan, thundered, Mr, Gorbachev, we’ve, Insurrectionists, ., Jan, I’ve, Latorya Beasley, Roe, Wade, Harris, Kate Cox, Kate, – that's, won’t, Hope, Shawn Fain, Dawn Simms, Dawn, That’s, Jill, I’m, Keenan Jones –, Sen, Bob Casey’s, It’s, It’d, Edmund Pettus, John Lewis, Betty May Fikes, , Banning, Jasmine, Jackie, we’re, Evan, Paul, Israel, , We’ve, aren’t, They’ve, We’re, King, Bobby Kennedy, you’ve, Let’s Organizations: Madame, Union, Overseas, Republican, NATO, Alliance, National Security, America, That's, Act, Infrastructure Law, UAW, Big Pharma, Medicare, Affordable, White, Initiative, Women’s Health Research, Grants, Child, Big Oil, Social Security, Border Patrol Union, Dreamers, Peace Corps, Ameri Corps, Corps, American, House, NRA, Hamas, United, U.S, ARPA, Star Locations: Joe Biden's State, Europe, Russia, Ukraine, American, Russian, America, Finland, Sweden, United States, Birmingham , Alabama, Alabama, Dallas, Texas, COVID, That's America, Belvidere , Illinois, Belvidere, it’s, Shawn, HBCUs, Minnesota, Ireland, Selma , Alabama, Selma, Uvalde , Texas, Uvalde, Iowa, Israel, Gaza, U.S, Saudi Arabia, Iran, Red, China, Taiwan Strait, I’ve, Scranton , Pennsylvania, Claymont , Delaware, United States of America
Read previewNearly 1 million Arizona residents will soon see their medical debt balances turn to zero. AdvertisementA February analysis conducted by nonprofit health organization KFF, based on government data, estimated that about 20 million Americans owe at least $220 billion in medical debt, with 14 million people owing over $1,000 in medical debt and about 3 million people owing more than $10,000. Ned Lamont, who announced in early February that the state would cancel $650 million in medical debt for about 250,000 residents. Arizonans deserve a break, and they deserve a government that fights for them, helping ensure that medical debt is not going to torpedo their lives." Are you struggling to pay off medical debt?
Persons: , Katie Hobbs, Joe Biden, Jeff Smedsrud, Hobbs, Smedsrud, Ned Lamont, Phil Murphy, Murphy, Arizonans, Jim Baker, Baker, I've, I'm Organizations: Service, Arizona Gov, American, Plan, Business, Arizonans, Connecticut Gov, New, New Jersey Gov Locations: Arizona, New Jersey, Phoenix
The American Dream is under siege
  + stars: | 2024-03-02 | by ( Matt Egan | ) edition.cnn.com   time to read: +15 min
Parents of young children are making difficult choices to afford child care — or they’re opting to evade it by dropping out of the workforce altogether. Even as the inflation rate has cooled across the US economy, child care remains a sore spot for many families. The weekly price of day care for a toddler surged 9% in 2023, according to Care.com, a marketplace for child care. Of course, Allison is hardly alone in feeling like the American Dream has been more difficult — and expensive — to attain than imagined. “The American dream is being taken away from the younger generation by the housing affordability challenges,” said Lawrence Yun, chief economist at the National Association of Realtors.
Persons: Hana Husković, Price, Hana, Michelle, they'll, ” Hana, , It’s, they’ll, ’ Allison Powell, Liam Kelly, ” Allison, Allison Powell, Corinne ., , Allison, I’ll, homebuyers, Lotfi Karoui, Goldman Sachs, Lawrence Yun, Yun, Priscilla Almodovar, Fannie Mae, ” Almodovar, that’s, Almodovar, they’d, Homebuilding, Mark Zandi, Biden, ” Lael Brainard, Brainard, ” Brainard, , Rachael Gambino, Garrett Mazzeo, Rachael, Deborah Brunswick, John General, ” Rachael, won’t, they’ve, Organizations: New, New York CNN, Bureau of Labor Statistics, Wall, CNN, Federal, Intercontinental Exchange, ICE, Bloomberg, Getty, Rust Belt, National Association of Realtors, North, NAR, That’s, Baby Boomers, Homeowners, Federal Reserve, Moody’s Analytics, White, National Economic Council, American, Target, Starbucks, Facebook Locations: New York, United States, Atlanta, Peachtree Corners , Georgia, Decatur, Decatur , Georgia, Carolina, Yugoslavia, Italy, Mexico, Oakland , California, Livermore, San Francisco, California, Los Angeles, San Diego, Francisco, Miami, Honolulu, Rust, Des Moines , Iowa, Dayton , Ohio, Cleveland , Ohio, Scranton , Pennsylvania, Los Angeles , California, North America, America, States, Lansdale , Pennsylvania, Philadelphia
For years, Republicans have assailed President Biden and Democrats for policies they say are too lax on curbing immigration and tamping down on violent crime. This week, with a trip to the border planned and remarks delivered next to police chiefs assembled at the White House on Wednesday, Mr. Biden is trying to change the conversation, saying he is making progress on those very issues despite Republican intransigence. In remarks at the White House, Mr. Biden said that a stimulus package passed without Republican support during the coronavirus pandemic had made $350 billion available to local communities across the United States. There was flexibility with how the funds could be spent, but Mr. Biden has pressed repeatedly for them to be used to bolster local law enforcement efforts. “Thanks to my American Rescue Plan, which I might note, not a single person on the other team voted for, we provided $350 billion — $350 billion — that was available to deal with these issues,” Mr. Biden said, referring to Republican inaction on his signature legislation.
Persons: Biden, Republican intransigence, Mr, Organizations: White, Republican, American Locations: United States
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