Tag: Joe Biden

Inflation calculator: Earmarks return in omnibus spending bill as Americans prepare for recession

Inflation calculator: Earmarks return in omnibus spending bill as Americans prepare for recession

Inflation will soar even higher after President Joe Biden signed lawmakers Omnibus spending bill into law this week. Lawmakers closed the earmark loophole during President Barrack Obama’s administration. Earmarks gave lawmakers the ability to fund projects in districts across the U.S. that ... MORE
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Biden extends student loan payment moratorium through May 1, but warns transition to repayment coming soon

The moratorium on student loan payments in the United States has been extended 90 days. The moratorium on student loan payments, which was set to expire in late-January, will now run through May 1, 2022. This means no borrowers will need to ... MORE
Education, Joe Biden, News, Politics
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Biden’s COVID vaccine mandate on larger employers gets 2-1 appeals court victory: Will it begin January 4?

An appeals court ruled Friday that President Joe Biden’s COVID-19 vaccine mandate for large private sector employers could move forward. That was a reversal on a decision that would require 84 million members of the U.S. workforce to be vaccinated if they ... MORE
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President Biden plans to run again in 2024: How old would he be if elected?

A spokesperson for President Joe Biden says he plans to run for re-election in 2024. “That’s his intention,” Press Secretary Jen Psaki told reporters on Monday. Up to that point there had been a lot of speculation about whether he would seek ... MORE
Joe Biden, News, Politics
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What does the infrastructure bill mean for cryptocurrency?

The new infrastructure bill is upsetting to investors as it seeks to regulate cryptocurrency. Cryptocurrency has never been regulated up until this point. The infrastructure bill was finally signed by President Joe Biden. It’s been the focus of Congress for months. Most ... MORE
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Biden’s Build Back Better Act: Will inflation flatten or keep rising after bipartisan infrastructure bill signed into law?

This week President Joe Biden signed a bipartisan $1 trillion infrastructure bill into law. The Build Back Better Act is a victory for Democrats as billions gets spent on roads, ports, and power lines. The original goal of the infrastructure bill was ... MORE
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How does the infrastructure bill impact child tax credit payments?

There are two bills: the infrastructure bill and the reconciliation bill. Child tax credits were not extended in the infrastructure bill. The extension in included in the reconciliation bill. Here is the difference between the two bills. The $1.2 trillion dollar infrastructure ... MORE
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Politics: Let’s Go Brandon explained

You may have heard the newest political slogan, “Let’s Go Brandon,” whether it’s groups chanting, on signs, or even on merchandise. But what does it mean, and who is Brandon? The term “Let’s Go Brandon” first originated from a NASCAR race in ... MORE
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Will universal child care finally exist for low-income, working families?

Child care has been at the top of the list of priorities for President Joe Biden’s Build Back Better bill, now worth $1.85 trillion dollars. Aside from just child care, the package includes paid family leave, enhanced child tax credits, and free ... MORE
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President Joe Biden’s vaccine mandate for companies with over 100 employees is halted in federal court

On Saturday the 5th U.S. Circuit Court of Appeals issued an emergency stay for Occupational Safety and Health Administration requiring that workers be vaccinated by Jan. 4 or receive weekly tests and wear masks. The Louisiana Attorney General Jeff Landry called Biden’s ... MORE
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Multiple states sue President Joe Biden’s administration over national COVID-19 vaccine mandate

Three lawsuits were filed Friday on behalf of 18 states to stop President Joe Biden’s mandate that would force federal contractors to get the vaccine. The lawsuit argues that it’s a violation of federal law. States for one lawsuit include Alaska, Arkansas, ... MORE
Will you get $7,200 next year if the child tax credit is extended?

Will you get $7,200 next year if the child tax credit is extended?

One part of the Democrats $1.75 trillion dollar spending plan, according to an outline, is an expanded child tax credit plan for one more year. This means families would get the monthly stimulus checks, or child tax credits, next year plus the ... MORE
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President Joe Biden plans to actually “tax the rich” with a billionaires tax

All along the Biden administration has been saying they’re trying to tax the rich, not the poor, with their attempt to get banks to report $600 deposits. Now, there may actually be a billionaires tax. Democrats are trying to find ways to ... MORE
Business, Joe Biden, News
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Polls show climate change effects matter to Americans; President Joe Biden leaves White House for climate summit

The number of Americans who appear to believe that climate change issues the world is facing are a problem has increased over the last few years. 6 out of every 10 Americans believe global warming from climate change is happening quicker. A ... MORE
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President Joe Biden’s newest proposal to monitor personal bank accounts has taxpayers feeling violated

Biden’s administration is on the hunt for missing and unpaid taxes, and to find them they’ve proposed data being given to the IRS regarding any deposit or withdrawal worth over $600. Bank members have said they feel the plan is an invasion ... MORE
IRS, Joe Biden, News