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☆ Someone should face criminal charges over DeSantis' flights that dumped migrants on Martha's Vineyard: Texas sheriff
▼ + stars: | 2023-06-06 | by ( Paul Squire | ) www.businessinsider.com time to read: +3 min

A Texas sheriff filed charges over a migrant flight to Martha's Vineyard that DeSantis arranged. The Texas sheriff said someone should face felony and misdemeanor charges but didn't say who. Ron DeSantis that dumped nearly 50 undocumented immigrants on Martha's Vineyard last year, a Texas sheriff says. The migrants said they had no idea where they were when the chartered plane dropped them off in Martha's Vineyard, NPR reported. Though the migrant flights stopped after the Martha's Vineyard incident, migrants continued to be bused from Texas to other states.

Persons: DeSantis, —, Ron DeSantis, Attorney Joe D, Gonzales, Greg Abbott didn't, Gavin Newsom Organizations: Service, Florida Gov, Bexar County Sheriff's, Attorney, NPR, Martha's Vineyard, New York Times, Texas Gov, Sacramento , California ., Sacramento , California . California Gov, Vertol Systems Company Locations: Texas, Florida, The Texas, Bexar County, Massachusetts, Southern, San Antonio, Boston, Martha's, California, Sacramento , California, Sacramento , California . California, El Paso , Texas

☆ Student-loan borrowers are about to be thrown back into repayment, and the economy will suffer — especially if Biden's debt cancellation is struck down
▼ + stars: | 2023-06-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

Education Secretary Miguel Cardona has confirmed student-loan payments will resume this year. In March 2020, former President Donald Trump first implemented the student-loan payment pause to give borrowers financial relief during the pandemic. 'We're looking at a pretty severe fiscal contraction'Steinbaum previously told Insider that the economy has been "more than fine" without borrowers' student-loan payments. But they're a weight, it's about 20 million student-loan borrowers that haven't been paying, they'll have to begin paying more or less in September," Zandi said. Democratic lawmakers have been sounding the alarm on the harmful impacts a payment resumption would have without Biden's broad debt relief.

Persons: Miguel Cardona, —, It's, Donald Trump, Trump, Joe Biden, — Biden, We're, Cardona, Biden, Kevin McCarthy, Marshall Steinbaum, Steinbaum, Mark Zandi, haven't, Zandi, that's, it's, Ayanna Pressley, Countess, Ro Khanna Organizations: Supreme, Service, Education, Family Institute, University of Utah, Education Department, Moody's, CNBC, Relief, Getty, Democratic, Massachusetts, Twitter Locations: Washington ,

☆ These are the 10 best states to retire based on quality of life—Florida isn't in the top 3
▼ + stars: | 2023-05-21 | by ( Celia Fernandez | ) www.cnbc.com time to read: +2 min

WalletHub ranked the best states to retire based on quality of life and Massachussets ranked the highest. 1 state to retire for high quality of life: MassachusettsMassachusetts is the best state for retirees based on the quality of life. 2 best state to retire in 2023 based on quality of life, according to WalletHub. Cavan Images | Cavan | Getty ImagesTop 10 best states to retire based on quality of lifeMassachusetts Minnesota Pennsylvania Florida New Hampshire Maine Vermont Ohio Wyoming New York Minnesota ranked second on the list. Pennsylvania ranks as one of the best states to retire based on several factors including, affordability and quality of life.

☆ Biden promised student-loan borrowers cheaper payments and more debt relief. The government might not have enough money for everyone to actually get those benefits.
▼ + stars: | 2023-05-13 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +9 min

With broad student-debt relief, many student-loan borrowers anticipate reforms to payment programs. Congress didn't increase funding for Federal Student Aid last year, and the impacts already show. Federal student-loan borrowers are facing a consequential year ahead. Alex Wong/Getty Images'We really need to be worried and concerned'The issue of a lack of funding, and how it impacts student-loan borrowers, has been on some Democratic lawmakers' radars. "That's why I'll continue to fight for the increased funding the Student Aid Administration needs to provide quality services and support at-risk borrowers," she said.

☆ The White House warned that a debt ceiling crisis could be just as bad as the Great Recession — and there'd be no way for the government to help anyone out
▼ + stars: | 2023-05-04 | by ( Juliana Kaplan | Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

The US could run out of money to pay its obligations as soon as June 1, as the debt ceiling looms. The White House is warning that a protracted default could be as bad as the Great Recession. Even though Speaker of the House Kevin McCarthy's bill passed the House last week, it faces a highly likely rejection in the Democratic-controlled Senate and White House. As Insider previously reported, there are some options on the table to avert a debt ceiling crisis while avoiding congressional drama. Another option would be invoking a clause in the 14th amendment that would declare the debt ceiling unconstitutional.

☆ Vampire straw meaning explained: A closer look at the weapon's use after it was found in luggage at the Boston Airport
▼ + stars: | 2023-04-30 | by ( Zoe Sottile | ) edition.cnn.com time to read: +1 min

CNN —A man was arrested earlier this month at Boston Logan International Airport for allegedly carrying a “vampire straw” in his carry-on luggage. What is a vampire straw? The term “vampire straw” is used to refer to a titanium straw with a pointed edge. Massachusetts police told CNN the straw confiscated from the traveler had been purchased from Szabo Inc., which sells titanium vampire straws for $85. The legality of carrying a vampire straw depends on local knife laws, the TSA’s New England office told CNN in an email.

☆ Top 10 colleges to attend if you want to make a lot of money—Harvard and Yale didn't make the list
▼ + stars: | 2023-04-06 | by ( Kamaron Mcnair | ) www.cnbc.com time to read: +3 min

Former Caltech attendees earn a median income of $112,166 a decade after starting school, making them the highest earners among the nearly 900 colleges ranked. California Institute of Technology Median income 10 years after attendance: $112,166Median debt among graduates: $17,747 2. Massachusetts Institute of Technology Median income 10 years after attendance: $111,222Median debt among graduates: $13,418 3. Stevens Institute of Technology Median income 10 years after attendance: $98,159Median debt among graduates: $27,000 8. Princeton University Median income 10 years after attendance: $95,689Median debt among graduates: $10,450 It shouldn't be too surprising to see several technical colleges make the list.

☆ Deposit insurance is addiction not medication
▼ + stars: | 2023-03-16 | by ( John Foley | ) www.reuters.com time to read: +7 min

NEW YORK, March 16 (Reuters Breakingviews) - Deposit insurance is as American as apple pie, and twice as unhealthy. Bank deposits in the United States are guaranteed up to $250,000, and over 90% of SVB’s accounts held more than that sum. Alternatively, regulators could invite the market to provide a solution – say, with privately funded insurance for deposits over the guaranteed limit. The trouble is that deposit insurance is like Novocaine – the higher the dose, the more the patient becomes numb. For that reason the best option is probably to do nothing – or better still, lower the deposit insurance limit.

☆ Republicans are slamming the bailout of Silicon Valley Bank's customers, saying it's a giveaway to the rich
▼ + stars: | 2023-03-13 | by ( Ayelet Sheffey | Juliana Kaplan | ) www.businessinsider.com time to read: +6 min

Federal regulators bailed out Silicon Valley Bank depositors following its Friday collapse. The joint statement made from the Treasury, Federal Reserve, and FDIC noted that the bailout will not be funded by taxpayers — the FDIC's insurance fund, which stands at about $125 billion, will cover all SVB depositors. "I don't know if making money's now woke," Baker said. "Banks like S.V.B. President Joe Biden referenced the 2018 law in Monday remarks on SVB, saying that "we must reduce the risks of this happening again."

☆ AOC says there's still hope for Biden's student-loan forgiveness plan if the Supreme Court rules against it
▼ + stars: | 2023-03-02 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

AOC said Biden "should be prepared to respond" to whatever the Supreme Court rules on student-debt relief. The White House has maintained it does not have a backup plan and is confident Biden's relief will prevail. Some other Democratic lawmakers have also said the focus right now should be on voicing the legality of Biden's current debt relief plan. Still, the White House has previously said that it is not deliberating a backup plan right now if the Supreme Court strikes down the relief. And there is no current backup plan, or anything like that.

☆ Biden's administration made a 'powerful defense' of its student-loan forgiveness plan before the Supreme Court, education secretary says
▼ + stars: | 2023-03-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The Supreme Court concluded oral arguments on Biden's student-debt relief on Tuesday. The Supreme Court will make a decision on the legality of Biden's plan by June. In the hours leading up to arguments, advocates, Democratic lawmakers, and borrowers rallied outside the Supreme Court to voice their support for Biden's plan. The Supreme Court needs to apply the letter of the law, and we need to get this done." Now, all eyes turn to the Supreme Court, which is expected to make a final decision on the legality of Biden's plan by June.

☆ The Fed doesn't know when inflation will stop being a problem, and it means interest rates could stay high for 'some time,' Powell says
▼ + stars: | 2022-11-30 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Fed Chair Powell said on Wednesday that the "path ahead for inflation remains highly uncertain." As a result, Powell said it's likely interest rates could remain high, but the pace of increases might slow in December. He also noted there is still a path for the US to avoid a recession and achieve a soft landing. On Wednesday, Federal Reserve Chair Jerome Powell spoke at a Brookings Institution event on the economic outlook, inflation, and the labor market. "It is likely that restoring price stability will require holding policy at a restrictive level for some time," Powell said.

“You really need leadership in these local areas to execute on the Inflation Reduction Act to the fullest extent,” Spears said. “This completely opens the pathway for Michigan to lead on clean cars of the future, and that’s really exciting,” Spears said. Climate victories at the local level are also poised to make a big impact. If fully implemented, climate experts have said the Inflation Reduction Act could reduce U.S. emissions by about 40% below 2005 levels by 2030. “So it’s really important to have climate leadership in state and local governments to actually execute on that and make sure it happens well.”

☆ Biden's student-loan forgiveness is at risk. It may have helped stop a 'red tsunami' as Gen Z flocked to the polls to save their relief.
▼ + stars: | 2022-11-09 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Student-loan forgiveness was a major policy that had support from the majority of young voters. While it's difficult to pinpoint what exactly may have caused this shift, opinions of young voters should be taken into consideration. Major issues like reproductive rights, climate change, and student-loan forgiveness likely helped with that turnout. Student-loan forgiveness is currently paused due to a ruling from the 8th Circuit Court of Appeals, in response to a lawsuit filed by six Republican-led states seeking to halt the debt relief. "The youth agenda is taking center stage in the Democratic party"Support for student-loan forgiveness is higher among young voters than the general public.

☆ Fact Check-CDC can advise childhood vaccine schedules, but vaccine mandates for school attendance are decided at state level
▼ + stars: | 2022-10-20 | by ( Reuters Fact Check | ) www.reuters.com time to read: +5 min

As of October 20, the CDC also provides an interim COVID-19 vaccination schedule (here), but has not yet added COVID-19 vaccination to its table of recommended childhood vaccines (here). Massachusetts, New Jersey, Vermont and Ohio do not mandate influenza or HPV vaccines, which are on the CDC’s immunization schedule (here), (here), (here), (here). During the advisory meeting, health officials emphasized that they were not voting on adding COVID-19 shots to the CDC vaccination schedule (here). Most states do not follow the entire CDC’s childhood and adolescent immunization schedule. For example, only five states or territories mandate the HPV vaccine, which is included in the CDC’s childhood immunization schedule, for school attendance.

☆ Biden called Republicans' arguments that student-loan forgiveness is a political strategy and should be blocked 'both unsurprising and legally insignificant'
▼ + stars: | 2022-10-11 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

Republicans claimed Biden's student-debt relief should be blocked because it was a political move. In a legal filing, Biden said that argument is "unsurprising and legally insignificant." "That the policy is consistent with one of 'the President's policy goals,' is both unsurprising and legally insignificant," the defense stated. But some Democratic lawmakers have acknowledged the political benefits to the relief — and they said it's a good thing. "Canceling student-loan debt for more than 40 million Americans would persuade a lot of young people that this president is in the fight for them," she said.

☆ Massachusetts Flirts With Tax Masochism
▼ + stars: | 2022-10-10 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

New Englanders have long held a slight edge on their New York neighbors in fiscal sanity (if not always in baseball). Now progressives in Boston want to join New York and other nearby states in a high-tax arms race. Massachusetts voters have the choice to block a tax hike and preserve a revenue model that works. Bay State ballots in November will give voters the choice to place a 4% surtax on incomes above $1 million, bringing the top rate to 9% from 5%. Passing the measure would rocket Massachusetts to seventh from 31st on the list of states with the highest marginal income-tax rates.

☆ This map shows how many people in each state could benefit from Biden's student loan forgiveness
▼ + stars: | 2022-09-26 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +4 min

President Joe Biden's recently announced student debt forgiveness could impact states differently. The estimated share of a state's population that is eligible for student loan forgiveness varies across the US. Insider looked at how many people could be eligible for student loan forgiveness after adjusting by population. As The Columbus Dispatch reported, over 94% of student loan borrowers in Ohio could be eligible for this student loan relief. Even in the states where Republicans have opposed Biden's debt relief, millions of borrowers could benefit.

So how are politicians spending election night in the time of coronavirus? Others will be drinking beer and flipping channels between old movies and election results. That announcement helped kickstart a 36-day saga that finally ended with Bush winning the presidential election. There, she's having an election night party that's being live-streamed. "It's the ultimate easy comfort food for an election night that will be filled with a lot of anxiety early on, and hopefully a lot of joy later on."

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