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277,000 student-loan borrowers who have "paid what they can afford" for at least a decade are getting $7.4 billion in debt wiped out
Student-loan borrowers on the SAVE plan, .....»»
Facebook And Regeneron Lead The Nasdaq Lower Tuesday
U.S. indices were trading lower Tuesday after U.S. Treasury Secretary Janet Yellen called for business leaders across the country to pay higher taxes to compensate for President Biden's proposed infrastructure plan. read more.....»»
Janet Yellen urges businesses to support corporate tax hikes to fund Biden"s infrastructure plan
The Treasury Secretary spoke to the Chamber of Commerce to drum up support for Biden's infrastructure plan,.....»»
Here"s how much 10-county Pittsburgh region is getting from $350B American Rescue Plan
The U.S. Department of the Treasury on Monday revealed the breakout of the $350 billion American Rescue Plan and how much will be awarded to counties and cities in the Pittsburgh region. That includes $335 million to Pittsburgh itself and almost .....»»
Texas House passes plan to pay for power plant weatherization after winter storm
The Texas House passed a proposal to subsidize weatherization of power plants, in an effort to prevent an electric grid failure like during February’s deep freeze. According to an analysis by the Electric Reliability Council of Texas, many of the p.....»»
Treasury Secretary Janet Yellen says a "shocking" $7 trillion in taxes is going uncollected
Yellen urged that additional steps be taken to fetch the revenue, which could be used to finance President Joe Biden's $4 trillion spending plan. Treasury S.....»»
Capitol Report: Here’s what’s in Biden’s $1.8 trillion ‘American Families Plan’
President Joe Biden has unveiled what he’s calling the American Families Plan, a $1.8 trillion proposal for paid family leave, free community college and other domestic policies. Here's a guide to what's in it......»»
TaxWatch: Biden administration wants to give the IRS authority to regulate the ‘wild west’ of paid tax preparers
There are no requisite professional standards at the federal level. The president's American Families Plan wants to change that......»»
Biden wants to spend $225 billion in his new plan to give you guaranteed sick and family time off work
Biden's American Families Plan would guarantee 12 weeks of paid leave by its 10th year and would provide workers up to $4,000 per month. .....»»
Top House Democrat unveils plan to establish universal paid family and medical leave programs
The proposal from Massachusetts Rep. Richard Neal would also make permanent a $300 monthly check program for parents from the Democratic stimulus law. Rep. Richard Neal, D-Mass., speaks at a news conference on Capitol Hill in Washington, .....»»
Capitol Report: Biden’s ‘American Families Plan’ is coming. What’s in it?
President Joe Biden is set to soon unveil what he’s calling the American Families Plan, which is expected to focus on paid family leave, free community college and other domestic policies. Here's a guide to what could be in it......»»
The White House tees up a $1.5 trillion spending plan for family aid and education funding, new report says
The proposal includes funding for universal pre-K, paid family and medical leave, and seeks to expand the child tax credit through 2025. Mike Segar/.....»»
Biden"s infrastructure plan includes massive investments in care for children and the elderly. Here"s how much workers in those jobs are paid.
Home health and personal care aides made a median salary of $27,080 in May 2020, according to data from the Bureau of.....»»
Treasury Department releases Made in America Tax Plan Report
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Biden Infrastructure Stimulus Will Shrink GDP Over Long-Term, Wharton Analysis Finds
Biden Infrastructure Stimulus Will Shrink GDP Over Long-Term, Wharton Analysis Finds Last week, Joe Biden released the American Jobs Plan (AJP), aka the "Infrastructure" plan which proposed $2.3 trillion in new federal spending on va.....»»
Biden administration unveils plan to raise corporate taxes, discourage multinationals from offshoring
The 'Made in America' plan, which would require passage by Congress, expands on Treasury Secretary Yellen's call this we.....»»
U.S. stock market books modest loss as 10-year Treasury note falls to around 1.65%
U.S. stocks finished slightly lower Tuesday after the S&P 500 hit a record intraday high as investors weighed prospects for President Joe Biden's $2.3 trillion infrastructure plan and a brig.....»»
Dozens of America’s biggest businesses paid no federal income tax — again
55 corporations had zero federal tax liability in 2020, including household names like Nike, FedEx and Dish Network, analysis finds......»»
Stimulus checks sent to 130M Americans so far. Delayed payments for some Social Security beneficiaries to roll out.
The Treasury has issued more than 130 million stimulus payments under President Biden's American Rescue Plan. Here's how.....»»
IRS will soon send refunds to millions of Americans who paid taxes on their unemployment benefits
The IRS says it will automatically start sending refunds to people who filed their tax returns reporting unemployment income before getting a $10,200 tax break under the American Rescue Plan......»»