The largest increase in 20 years still does not keep pace with inflation. The National Defense Authorization Act, which was passed by the House of Representatives this week,…
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Christmas Tree Prices Higher Due to Inflation
Some regions experiences shortages in supply. While Christmas tree farms have reported a strong harvest, some regions of the U.S. are experiencing a shortage even as others have…
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FHA Delivers Annual Report to Congress
COVID-19 funds were distributed to one million homeowners under mortgage insurance program. The Federal Housing Administration (FHA) recently released its annual report to Congress. Key to the report…
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Federal Student Loan Repayment Pause Extended
Education secretary announces extension to provide relief from uncertainty as loan forgiveness is litigated. On Tuesday, the president’s administration extended the federal student loan repayment pause through June…
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Thanksgiving Dinner Costs 20 Percent More in 2022
American Farm Bureau tallies the rise in price due to inflation. The traditional Thanksgiving meal with all the fixings will cost 20 percent more this year than a…
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Treasury Secretary Delivers Semi-Annual Report to Congress
Reviews foreign trade of goods and services through June 2022. The Department of the Treasury delivered its semiannual macroeconomic report to Congress last week. The report goes over…
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HHS Announces $4.5 Billion for Winter Heating Costs
The program helps subsidize heating for over 5 million households The Department of Health and Human Services has announced $4.5 billion to help low- to middle-income families pay…
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Social Security Payments to Increase by 8.7% in 2023
The additional amount averages $140 per month. The Social Security Administration announced that Social Security benefit payments will be increasing by 8.7 percent in 2023. This will raise…
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Treasury Requests Public Input on Climate Tax Policies
$270 billion is being dedicated to various climate tax incentives. The Treasury Department recently issued three requests for public input, asking for comments on how best to implement…
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Inflation Outpaces Wage Increases
Dallas federal reserve bank and labor data shows disparity. Purchasing power in the U.S. is experiencing further shrinkage despite higher wages. The Federal Reserve Bank of Dallas has…
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