Lending programs are the focus of desired feedback. The U.S. Department of Agriculture (USDA) opened up public comment last week, requesting input on how to best assist farmers…
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President Signs Executive Order to Lower Drug Costs
The order complements actions taken under the Inflation Reduction Act. On Friday, President Biden signed an executive order directing the Department of Health and Human Services to consider…
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Social Security Benefits Up 8.7% in 2023
The highest increase in four decades is in response to inflation. Social Security checks will be 8.7% higher beginning in January, the largest cost of living adjustment benefits…
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Inflation Higher Than Expected in September
President acknowledges the possibility of a “slight” recession. The Bureau of Labor Statistics released a report on Wednesday showing that inflation, as measured by producer wholesale prices, was…
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Postal Service Raises Forever Stamp Prices
Three cent increase to account for inflation. The U.S. Postal Service (USPS) recently filed a notice that proposed raising the price of first-class Forever mail stamps from 60…
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Treasury Seeks Public Input for Climate Tax Breaks
Feedback is requested on the use of the $270 billion allocation. The Treasury Department published a request for public input this past week, seeking insights on how best…
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Labor Secretary Responds to September Jobs Report
Government reports a quarter million jobs were added to the economy last month. The government reported Friday that the U.S. economy added 263,000 payrolls in September. At the…
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OPEC+ is Reducing Oil Production
U.S. gas prices are expected to go up. OPEC+ announced plans to cut output of 2 million barrels per day beginning in November. The coalition, which includes OPEC,…
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Job Openings Decreased in August
Federal Reserve’s actions to slow the economy begin taking hold. The Bureau of Labor Statistics reported that job openings in August decreased to 10.1 million, down from 11.239…
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August Inflation Higher Than Expected
Food prices rising faster than other items. The Bureau of Economic Analysis released data on inflation for August which showed the personal consumption expenditure (PCE), excluding food and…
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