The Small Business Administration disbursed approximately $1.2 trillion during the pandemic. Senator Joni Ernst of Iowa has introduced legislation to require the Small Business Administration to “collect all…
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FTC Files Suit Against XCast Labs for Illegal Robocall Network
Orchestrated telemarketing campaigns even impersonate government entities. The Federal Trade Commission (FTC), supported by the Department of Justice, has filed a lawsuit to stop the operations of XCast…
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Medicare Trustees Predict Fund Exhausted by 2031
The president’s proposed budget would protect it, HHS Secretary says The Hospital Trustee Fund, which pays for patient care and hospital stays for senior citizens, will be exhausted…
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CBO Director Calls for Cutting Deficit Spending in Half
Debt could stabilize in 10 years. Congressional Budget Office Director Phillip Swagel said that reducing deficit spending by 50 percent, as measured as a percentage of the country’s…
Read MoreSocial Security Could Get Age Benefit Changes
The solvency of the program is at the heart of discussions. Changing the age requirement for receiving Social Security benefits is under consideration by a bipartisan group of…
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Bill Would Deny Federal Handouts to Traffickers
Proposed legislation includes smuggling, transporting, and harboring traffickers. Senator Marsha Blackburn of Tennessee was joined by Senators Katie Britt of Alabama and Cindy Hyde-Smith of Mississippi in introducing…
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President and House Speaker to Meet Wednesday
The debt ceiling is expected to be at top of the agenda. House Speaker Kevin McCarthy of California said he and President Joe Biden will meet Wednesday to…
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CBO Predicts Social Security Exhaustion in 10 Years
Old Age and Survivors Insurance Trust Fund needs to be addressed by Congress. A new report from the Congressional Budget Office shows the Old Age portion of the…
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USDA and Social Security Partner to Strengthen SNAP
The agencies are increasing the cooperation between income assistance and food assistance. The Department of Agriculture (USDA) has shared the updated memorandum of understanding between the Supplemental Security…
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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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