| Date | Title | Description |
| 24.08.2026 | A deficit of answers about debt (Editorial) | Getting your Trinity Audio player ready...
The midterm election season is in full swing, and candidates for Congress are doing what politicians often do: promising voters something in return for sending them to Washington or keeping them th... |
| 16.06.2026 | New Wharton forecast puts Social Security trust fund depletion later than official projections | Social Security’s trust fund used to pay retirement benefits may dry up in February 2033, according to a new report from the Penn Wharton Budget Model shared exclusively with CNBC.
In contrast, the Social Security Administration trustees re... |
| 01.06.2026 | Trump is facing a new inflation warning from the bond market, adding to his midterm challenges | Getting your Trinity Audio player ready...
By JOSH BOAK
WASHINGTON (AP) — The world is getting more uptight about lending money to President Donald Trump’s government — causing interest rates to climb in ways that are worsening affordabilit... |
| 12.05.2026 | What a US gas tax suspension could mean for drivers and the prices they see at the pump | Getting your Trinity Audio player ready...
By WYATTE GRANTHAM-PHILIPS
NEW YORK (AP) — As steep fuel prices strain household budgets during the war with Iran, U.S. President Donald Trump wants to suspend his government’s tax on gasoline.
It’... |
| 18.03.2026 | Immigration enforcement threatens housing security, rippling through local economies | Getting your Trinity Audio player ready...
By Robbie Sequeira, Stateline.org
As federal immigration officers made more “at-large” arrests in communities across the country in the first year of the current Trump administration — including at... |
| 27.02.2026 | What AI windfall? Debt will still weigh on big economies | FILE PHOTO: AI (Artificial Intelligence) letters and robot hand are placed on computer motherboard in this illustration created on June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo 1
LONDON, Feb 27 : An AI productivity boom, if it m... |
| 23.02.2026 | Democrats seek to force refunds after Supreme Court blocks Trump tariffs | Democrats in Congress rejoiced on Friday after the Supreme Court struck down a large swath of President Donald Trump’s tariffs.
Democratic Sens. Ron Wyden, Jeanne Shaheen and Ed Markey are now trying to force refunds to businesses.
The U.S.... |
| 23.02.2026 | After Supreme Court rebuke, Democrats call for government to refund billions in Trump tariff money | Getting your Trinity Audio player ready...
By JOSH BOAK
WASHINGTON (AP) — A trio of Senate Democrats is calling for the government to start refunding roughly $175 billion in tariff revenues that the Supreme Court ruled were collected becaus... |
| 20.02.2026 | Supreme Court strikes down Trump tariffs, rebuking president’s signature economic policy | The Supreme Court struck down a huge chunk of President Donald Trump’s far-reaching tariff agenda.
The law that undergirds those import duties “does not authorize the President to impose tariffs,” the majority ruled 6-3.
Chief Justice John ... |
| 20.02.2026 | Supreme Court Trump tariffs ruling could put U.S. on hook for $175 billion in refunds, estimate says | The U.S. government could owe more than $175 billion in refunds to importers after the Supreme Court ruled in a 6-3 decision that tariffs unilaterally imposed by President Donald Trump are illegal, a new estimate says.
The potential refunds... |
| 15.12.2025 | Trump’s promised big tax cuts are expected to disappoint the average worker | Getting your Trinity Audio player ready...
By Caitlin Reilly, Bloomberg News
President Donald Trump promised Americans big tax refunds next year. Many filers — particularly those who could most use the financial boost — may soon be disappoi... |
| 01.12.2025 | Странный, но вполне реальный план по затемнению солнца и обращению вспять глобального потепления | Стартап из 25 человек разрабатывает технологию, которая сможет блокировать солнечные лучи, чтобы снизить температуру планеты. Ставки высоки — и компания, и её критики считают, что законодательство должно не отставать от прогресса.
Янош Паст... |
| 22.10.2025 | US hits $38 trillion in debt, after the fastest accumulation of $1 trillion outside of the pandemic | By FATIMA HUSSEIN
WASHINGTON (AP) — In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed $38 trillion Wednesday, a record number that highlights the accelerating accumulation of debt on America’... |
| 10.07.2025 | Here’s how the Trump tax bill will impact Colorado, from Medicaid to new tax breaks to energy credits | A clearer loss for the state budget is set to come in 2027. That’s when the federal government will start reducing how much states can tax health care providers, such as hospitals. Colorado currently charges the maximum provider tax rate of... |
| 07.07.2025 | ‘America’s Deficit Reckoning’: How the U.S. debt spiral could spark a crisis | Independent analyses — by sources ranging from Yale University to the Wharton School to the Congressional Budget Office – have each said that President Donald Trump’s budget plan will add trillions of dollars to the U.S. deficit over the ne... |
| 02.07.2025 | Trump keeps saying the GOP mega bill will eliminate taxes on Social Security. It does not | Trump said on a recent appearance on Fox News’ “Sunday Morning Futures” that the bill includes “no tax on tips, no tax on Social Security, no tax on overtime.” A temporary tax deduction
But instead of eliminating the tax, the Senate and Hou... |
| 14.06.2025 | Trump’s long-sought military parade becomes reality | Thousands of U.S. troops and dozens of tanks and helicopters will participate in a high-profile military spectacle in Washington, D.C. today
The parade — the largest of its kind in the nation’s capital since 1991 — marks the Army’s 250th an... |
| 07.06.2025 | The Ripple Effect of Tariffs on Everyday Goods | Tariffs are like a stone thrown into a pond. They create ripples that spread far and wide, affecting prices, consumers, and businesses alike. The recent tariff policies under the Trump administration have stirred the waters of the retail ma... |
| 06.06.2025 | Why millions of Americans would lose health insurance under House GOP megabill | Federal funding cuts in the House of Representatives’ One Big Beautiful Bill Act would cause millions of Americans to lose health insurance under Medicaid and the Affordable Care Act, experts said.
With the Senate poised to consider the leg... |
| 05.06.2025 | Here’s how tariffs could affect the price of goods like shoes and sweaters | The true “cost” of tariffs is difficult to determine, but models from consultancy group AlixPartners show common imported items could cost a lot more under President Donald Trump’s trade policies. Estimates from the firm show sweaters and f... |
| 04.06.2025 | Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says | Largely confirming what other economic models have predicted, the CBO’s estimations show that the tradeoff for a $2.8 trillion deficit reduction over 10 years would be an overall reduction in household wealth. In addition, the tariffs would... |
| 01.06.2025 | House GOP passed trillions in tax cuts. How Trump’s ‘big bill’ could change in the Senate | House GOP passed a multitrillion-dollar tax and spending package that includes many of President Donald Trump’s priorities.
Some provisions, including Medicaid, the “SALT” deduction and child tax credit, among others, could change amid Sena... |
| 28.05.2025 | The GOP's Tax Bill: A Windfall for the Wealthy, a Burden for the Poor | In the theater of American politics, the latest tax bill from House Republicans plays out like a well-rehearsed drama. The script is familiar: tax cuts for the wealthy, cuts to social programs for the poor. This act, titled the “One Big Bea... |
| 23.05.2025 | House Republican tax bill favors the rich — how much they stand to gain, and why | A tax and spending package passed Thursday by House Republicans funnels the bulk of its financial benefits to wealthy households, according to economists and tax experts.
The rich benefit via a slew of tax cuts tied to businesses, the SALT ... |
| 22.05.2025 | The Green Tax Credit Conundrum: A Race Against Time | The clock is ticking. House Republicans are poised to vote on a sweeping tax package that could reshape the landscape of clean energy incentives in the United States. The proposed legislation threatens to eliminate significant tax credits f... |
| 22.05.2025 | Letters to the editor: Huge tax cuts to the rich don’t trickle down; let them eat cake; time for the Monforts to sell the Rockies | Let’s cut Medicaid, so the wealthy can have tax cuts
When asked about the effect of tariffs, Trump said. “Maybe instead of 30 dolls, they will only have two and they may cost a couple of bucks more.” No bread? Let them eat cake. Many people... |
| 21.05.2025 | GOP aims to axe EV, green tax credits. Act ‘now’ to claim the breaks, experts say | House Republicans are expected to vote this week on a sprawling tax package that would fulfill some of President Trump’s campaign promises.
A $7,500 tax credit for electric vehicles and tax breaks for home efficiency projects are among the ... |
| 10.03.2025 | Investors alert: Will Trump’s ‘fiscal detox’ spark a wealth renaissance? | With less than 60 days as the U.S. President, Donald Trump’s policies have made huge waves on finance markets. In what is being called a “fiscal detox,” Trump’s strategies could spark a wealth renaissance, after short-term pain and turmoil.... |
| 05.03.2025 | Congress’ proposed cuts may jeopardize Medicaid and negatively impact the economy, report finds | Federal spending cuts to Medicaid would impact more than 80 million people who rely on the program.
It may also have negative effects on the economy, new research finds.
House Republicans have called for about $880 billion in spending cuts ... |
| 03.03.2025 | ‘Reverse Robin Hood scam’ or windfall for middle class? Lawmakers debate Trump tax plan extensions | Republicans and Democrats are making competing claims about the impact of extending provisions in the Tax Cuts and Jobs Act.
The GOP sees it as a windfall for low- and middle-income households. Democrats view it as a handout for the wealthi... |
| 21.02.2025 | Denver workers lose jobs as part of sweeping nationwide layoffs at IRS | He had was 20 days away from his probationary period ending.
McCorvey said employees first learned of the layoffs through the news, but the details were confirmed with a termination email sent that morning. However, most staff did not see t... |
| 20.02.2025 | National Politics | IRS layoffs could hurt revenue collection and foil efforts to go after rich tax dodgers, experts say | “When you underpay and understaff the IRS, the agency doesn’t have the power or the resources it needs to go after wealthy tax evaders with their high priced lawyers,” she said, adding, “The result is, of course, a disaster for revenue.”
Th... |
| 15.11.2024 | National Politics | Lower taxes, higher tariffs: What Trump’s tax plans mean for you | Here’s what a Trump presidency could mean for your taxes.1. Existing tax rules made permanent
The TCJA lowered income tax rates for all individuals but more significantly for high-income earners. The top marginal tax rate was reduced to 37%... |
| 11.11.2024 | National Politics | Frustrated Americans await the economic changes they voted for with Trump | Since Election Day, the Dow Jones Industrial Average has skyrocketed more than 1,700 points, largely on expectations that tax cuts and a broad loosening of regulations will accelerate economic growth and swell corporate profits.
Maybe they ... |
| 16.10.2024 | Editorial: We Applaud Trump’s Crypto Efforts Though His Record, Rhetoric Raise Red Flags
Bitcoin Jumps Above $67K to Nearly a Three-Month High | If CoinDesk were in the business of endorsing political candidates and if crypto were the only issue that mattered, it's pretty clear whom we would back to become the next U.S. president.
After all, former President Donald Trump has spoken ... |
| 07.10.2024 | National Politics | New analysis suggests national debt could increase under Harris, but it would surge under Trump | Neither candidate has meaningfully stressed budget deficit reduction in their pitch to voters. But multiple analyses show a clear difference of Harris being much more fiscally responsible than Trump.
Harvard University professor Jason Furma... |
| 04.09.2024 | National Politics | Raise taxes on the rich or cut them? Harris, Trump differ on how to boost the US economy | The economy has historically been a dominant issue in presidential elections. In an August survey by The Associated Press-NORC Center for Public Affairs, Trump did narrowly better on the economy with 45% saying he would handle it better and... |
| 28.06.2024 | National Politics | Fact-checking the Biden-Trump debate | During the GOP presidential primary, Trump also criticized some of his Republican opponents for proposing to raise the retirement age for Social Security, which budget experts have said would reduce scheduled benefits for those affected.
So... |
| 02.02.2024 | A Trump-era tax law could get an overhaul. Millions could get a bigger tax refund this year as a result. | A tax provision that is part of President Donald Trump's 2017 Tax Cuts and Jobs Act could be in line for a last-minute overhaul, potentially delivering bigger tax refunds this year to millions of Americans.
At stake is the so-called state a... |
| 10.01.2024 | Business | Remote options brought moms back to work. Return-to-office could push them out again | Emma Nelson | Star Tribune (TNS)
For most of her career, Felicia Krick worked from the office every day, sometimes logging 80 hours a week as a public accountant.
Then the pandemic hit, the world shut down, and she caught a glimpse of a dif... |
| 03.10.2023 | Childcare providers are struggling to plan for the future as federal funding runs dry | Kayanna Jackson, a childcare provider in Southampton Township, New Jersey, told Insider she might have to close if she couldn't bring in more families or get more funding. Courtesy of Kayanna Jackson
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Many parents need reliable ch... |
| 14.09.2023 | Georgia Suspends Gas Tax After Declaring State Of Emergency Over Higher Prices | Gas prices are going up nationwide.getty |
| 10.09.2023 | Commentary | Guest opinion: Raymond Scheppach: Congress needs to pass 12 funding bills in 11 days to avert a shutdown – here’s why that isn’t likely | By Raymond Scheppach
U.S. senators and representatives returning from their summer vacations will need to shake off their suntans in quick time and get down to business.
Congress has just 11 days when it’s in session before the next federal... |
| 01.07.2023 | How Biden can try again on student loan forgiveness | The White House finalized a new student-loan proposal within hours of the Supreme Court striking down its ambitious plan to forgive student debt, and President Biden pledged that there will still be more to come.
Why it matters: Federal stu... |
| 23.05.2023 | How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs | The rich can use dynasty trusts to preserve wealth for as much as 40 generations. Robert Daly This story is available exclusively to Insider subscribers. Become an Insider and start reading now.
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The rich can use trusts to provide... |
| 16.05.2023 | Biden administration defends immigrant labor while sending 1,500 troops to the border | US President Joe Biden delivers remarks. Saul Loeb/AFP via Getty Images
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President Biden is sending 1,500 troops to the southern border. Yet, his secretary of Homeland Security says employers "are desperate for workers."... |
| 12.02.2023 | Meet a new mom with $90,000 in student debt who's tired of 'the unfair game' of Biden's loan forgiveness: 'We need this fix' | Getty Images
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Alexandria Mavin, 33, borrowed $117,000 in student loans, has paid back over $70,000 of it, and still owes $90,000.
She would qualify for the full $20,000 amount of Biden's broad student-debt relief plan.
She said sh... |
| 31.01.2023 | State Experimentation With Wealth Taxes. | Taxes Concept. Chart with keywords and iconsgetty |
| 30.01.2023 | Biden's new student-loan plan could cost $361 billion — twice what the administration estimates | The Biden administration's backup plan for tackling student debt could cost twice as much as the government estimates, according to a new analysis. That projection comes as the White House's main debt-relief initiative — a program to forgiv... |
| 25.08.2022 | Администрация Байдена выделит на списание образовательных кредитов около $300 млрд | Президент США Джо Байден объявил о запуске программы по списанию долгов по федеральным студенческим кредитам на образование. В рамках этой программы будет списана задолженность (или часть задолженности) по студенческим кредитам примерно для... |
| 24.08.2022 | Biden to wipe out $10,000 in student loan debt for many borrowers | WASHINGTON — President Joe Biden announced Wednesday that he will cancel up to $20,000 in federal student loan debt for Pell Grant borrowers and up to $10,000 for all other borrowers with an income of less than $125,000 for an individual an... |
| 24.08.2022 | Explainer: How Biden's student loan forgiveness will impact U.S. consumers | August 24, 202211:11 PM UTCLast Updated ago
United States
Explainer: How Biden's student loan forgiveness will impact U.S. consumers
Reuters
4 minute read
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A student walks on the campus of Howard University in Washington, U.S., January 3... |
| 23.08.2022 | Forgiving $10,000 in student debt could cost the U.S. $300 billion | The Biden administration is expected to announce this week whether to extend a freeze on student federal loan payments, and possibly even forgive some college debt for millions of Americans.
The plan under consideration by White House offic... |
| 13.08.2022 | One thing the Inflation Reduction Act may not do: Lower inflation | The Inflation Reduction Act is aimed at tackling a host of problems, from climate change to catching tax cheats, but there's one issue it may not solve: reducing inflation.
That's the conclusion of the Penn Wharton Budget Model, a group of ... |
| 08.08.2022 | How High Net Worth Donors Of Color Are Changing Lives | New report - Philanthropy Always Sounds Like Someone Else - from Donors of Color Network Photo Credit: Donors of Color Network |
| 22.06.2022 | Why cutting the federal gas tax might not help drivers much | President Joe Biden has called on Congress to suspend the federal gasoline tax, as millions of Americans feel the financial pinch from soaring gas prices.
Yet suspending the 18.4 cent levy on regular gas (and 24 cents for diesel) might not ... |
| 28.04.2022 | Congress Can More Modestly Expand The Child Tax Credit And Still Help Very Low-Income Families | Rearview shot of a young woman and her daughter having a conversation on the porch getty |
| 01.03.2022 | Inflation is crushing wage increases | This is the web version of CFO Daily, a newsletter on the trends and individuals shaping corporate finance. Sign up to get it delivered free to your inbox.
Good morning,
Wages are going up, but for some workers, the salary increase alone is... |
| 08.02.2022 | White House dismisses congressional report that Schumer-Manchin plan would raise taxes | The White House is dubbing the projections of a nonpartisan congressional committee that the Inflation Reduction Act would effectively raise taxes for many Americans "incorrect" and "incomplete," pointing to benefits in ... |
| 18.11.2021 | The Real Biden Bill: At Least $4.6 Trillion | The Congressional Budget Office on Thursday released its “official” cost estimates for the House tax and entitlement bill, but don’t believe it. The CBO gnomes aren’t lying about a 10-year deficit estimate of $367 billion. They’re obliged t... |
| 09.10.2021 | STUDY: Democrats' Tax Plan Ships U.S. Innovation and Jobs Overseas | STUDY: Democrats' Tax Plan Ships U.S. Innovation and Jobs Overseas
October 8, 2021 - Blog - Press Releases - Select Revenue Measures - The Tax Tracker
Ways and Means Democrats' multi-trillion dollar tax hikes will ship U.S. innovation and j... |
| 22.06.2021 | Moderate Democrats in bipartisan gang lean towards IRS enforcement as a way to raise revenues for infrastructure: ‘That’s found money’ | Senator Mark Warner (D-VA) speaks during a Senate hearing in Washington DC. Graeme Jennings-Pool/Getty Images
Moderate Democrats are eyeing bulking up the IRS to finance infrastructure as bipartisan talks continue.
“I think there’s lots of ... |
| 07.05.2021 | New Wharton research finds discrepancy in American Families Plan funding | President Joe Biden’s American Families Plan (AFP), released on April 28, proposes using $1.8 trillion in new federal spending for purposes such as childcare, education, healthcare and transfers to low-income households.
Of the $1.8 trillio... |
| 06.05.2021 | The Capital-Gains Revenue Illusion | Evidence that President Biden’s capital-gains tax increase is counterproductive keeps rolling in, and the latest is from the Penn Wharton Budget Model, a nonpartisan outfit often cited as an authority by Democratic economists.
Penn Wharton ... |
| 05.05.2021 | Biden’s American Families Plan will cost $700 billion more than White House estimates, report finds | President Joe Biden. Melina Mara/The Washington Post via AP, Pool
Penn Wharton Budget Model predicted Biden’s infrastructure plan will cost $2.5 trillion over 10 years.
It also said the plan will raise $1.3 trillion in tax revenue and incre... |
| 05.05.2021 | Penn Wharton Budget Model Projects President Biden’s American Families Plan would spend $2.5 trillion and raise $1.3 trillion by 2031 | PHILADELPHIA (PRWEB) May 05, 2021
On April 28, 2021, President Biden released the second phase of his administration’s infrastructure plan, the American Families Plan (AFP). The AFP is a $1.8 trillion proposal focusing on federal investment... |
| 29.04.2021 | Will raising the US capital gains tax help tackle inequality? | The near-doubling of the capital gains tax on wealthy Americans is a centrepiece of United States President Joe Biden’s $1.8 trillion American Families Plan.
In his address to Congress on Wednesday evening 100 days into his term, Biden desc... |
| 23.04.2021 | Biden wants to hit wealthy Americans with new tax hikes to fund childcare and education. Here’s what it could mean for you. | President Joe Biden. AP Photo/Evan Vucci, File
Biden wants to levy new taxes on wealthy Americans to fund sweeping childcare and education programs.
The vast majority of US households – 98%, by Penn Wharton’s calculations – isn’t likely to ... |
| 16.04.2021 | Republican Senators Push Social Security, Medicare And Medicaid Cuts After Supporting Ineffective Tax Cuts | Republicans Target Social Security, Medicare and Medicaidgetty |
| 09.04.2021 | How Many Jobs Will Be Lost to Biden ‘Infrastructure’? | Sometimes the president calls his next proposed spending blowout an “infrastructure” bill and sometimes he calls it a “jobs” program. The Biden plan may end up destroying plenty of both. A new analysis of the president’s “American Jobs Plan... |
| 08.04.2021 | This Wharton analysis breaks down the American Jobs Plan’s potential long-term impact | With a price tag of $2.7 trillion, President Joe Biden’s proposed American Jobs Plan is ambitious in scope. Over eight years, the plan will be paid for by increased corporate taxes and includes spending on transportation infrastructure, com... |
| 07.04.2021 | Biden starts selling major corporate tax hikes while opening the door to a compromise with Republicans | President Joe Biden meets with Treasury Secretary Janet Yellen in the Oval Office at the White House in Washington, January 29, 2021. Kevin Lamarque/Reuters
The Biden administration released a sales pitch for its proposed corporate tax hike... |
| 07.04.2021 | Penn Wharton Budget Model Projects That The American Jobs Plan Will Raise $2.1 Trillion by 2030 and Decrease Federal Debt by 6.4% by 2050 | PHILADELPHIA (PRWEB) April 07, 2021
On March 31, President Biden announced The American Jobs Plan–a $2.7 trillion plan to invest in American infrastructure. The plan includes spending provisions aimed at rebuilding various sectors of Americ... |
| 29.03.2021 | Penn Wharton Budget Model: New jobs and GDP growth hinge on vaccine hesitancy | Now that the country is rolling out COVID-19 vaccines at a pretty steady clip, a new barrier has presented itself on the road to economic recovery: hesitancy to receive the shots.
The City of Philadelphia this week launched “Vax Up, Philly!... |
| 23.03.2021 | Penn Wharton Budget Model Projects Vaccine Hesitancy and Relaxed Social Distancing Could Lead to 4.6 Million Additional COVID-19 Cases in 2021 | PHILADELPHIA (PRWEB) March 23, 2021
The outlook for the pandemic and the U.S. economy hinges on the pace of COVID-19 vaccinations this year. The Penn Wharton Budget Model (PWBM) at the Wharton School of the University of Pennsylvania today ... |
| 02.03.2021 | 3 million vaccine doses per day could boost employment by more than 2 million, report finds | Diana Carolina, a pharmacist at Memorial Healthcare System, receives a Pfizer-BioNTech Covid-19 vaccine at Memorial Healthcare System, on December 14, 2020, in Miramar, Florida. Joe Raedle/Getty Images
Budget experts found 3 million COVID-1... |
| 02.03.2021 | 3 million vaccine doses per day could boost employment by more than 2 million, report finds | Diana Carolina, a pharmacist at Memorial Healthcare System, receives a Pfizer-BioNTech Covid-19 vaccine at Memorial Healthcare System, on December 14, 2020, in Miramar, Florida. Joe Raedle/Getty Images
Budget experts found 3 million COVID-1... |
| 01.03.2021 | Penn Wharton Budget Model Projects 3 Million COVID-19 Vaccinations Per Day Would Add 2 Million Jobs, Increase Real GDP By 1 Percent | PHILADELPHIA (PRWEB) March 01, 2021
The continuation of the COVID-19 pandemic presents the most significant drag on the economy in 2021. Therefore, the pace of economic recovery in 2021 hinges on the pace of vaccination. The Penn Wharton Bu... |
| 04.02.2021 | The poorest 40% of Americans could receive benefits of over $3,000 under Biden’s stimulus plan, new report finds | President Joe Biden speaks before signing executive orders on his first day in White House on January 21, 2021. (Photo by MANDEL NGAN/AFP via Getty Images)
The Penn Wharton Budget Model found that President Joe Biden’s stimulus plan would p... |
| 04.02.2021 | The poorest 40% of Americans could receive benefits of over $3,000 under Biden's stimulus plan, new report finds | President Joe Biden speaks before signing executive orders on his first day in White House on January 21, 2021. (Photo by MANDEL NGAN/AFP via Getty Images)
The Penn Wharton Budget Model found that President Joe Biden's stimulus plan would p... |
| 03.02.2021 | Penn Wharton Budget Model Projects the Economic Effects of President Biden’s $1.9 Trillion COVID Relief Plan | PHILADELPHIA (PRWEB) February 03, 2021
On January 14, 2021, the Biden administration released a $1.9 trillion emergency rescue package to provide economic relief during the ongoing coronavirus pandemic and recession. The Penn Wharton Budget... |
| 07.12.2020 | Elizabeth Warren Is Public Enemy No. 1 for Small Business | Tax the rich. |
| 01.12.2020 | Why Markets Seem Immune From Politics | Virus vaccine and flu or coronavirus medical fight disease control as a doctor fighting a group of ... [+] contagious pathogen cells as a health care metaphor for researching a cure with 3D illustration elements.getty |
| 19.11.2020 | What would the US economy look like under a Biden administration? | About a week after former Vice President Joe Biden was elected to be the next president of the United States, the team behind the Penn Wharton Budget Model (PWBM) presented to the public its research on what the economy will be like under h... |
| 04.11.2020 | ‘It doesn’t exist’: A top Republican economist says Trump has no economic plan for a 2nd term | Trump hasn’t laid out an economic plan for a second term, according to a top GOP economist.
“He has no economic plan. I don’t mean that I don’t like it. It doesn’t exist,” Glenn Hubbard, former chair of the Council of Economic Advisors unde... |
| 27.10.2020 | The Tax Credit That Could Produce Rare Agreement On Pandemic Relief | Capitol Hill COVID-19 blood testing, abstract virus testing during pandemic concept, State Building ... [+] Washington DC, USA, 3d illustrationgetty |
| 26.10.2020 | 50 Cent Bashes Biden Tax Plan, Endorses Trump; Is His Criticism Accurate? | 50 Cent, the rapper whose real name is Curtis Jackson, weighed in on the presidential race last week ... [+] in a misleading Instagram post criticizing Joe Biden’s tax plan and endorsing Donald Trump.AFP via Getty Images |
| 28.09.2020 | The Market Correction Is Here: Now What? | Side view portrait of young woman carrying large blue bar graph against white backgroundgetty |
| 18.09.2020 | New Jersey lawmakers just reached a deal on a new millionaires tax — along with a $500 rebate for families making less than $150,000 | New Jersey Gov. Phil Murphy in 2019. Lucas Jackson / Reuters
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Under a new proposal by state legislators in New Jersey, the tax rate on income over $1 million would increase from 8.97% to 10.75%.
Republican leaders across New Jerse... |
| 15.09.2020 | Biden Spending Spree Would Grow National Debt $2 Trillion By 2030 | Joe Biden's policy proposals would add close to $2 trillion to the national debt by 2030, but reduce ... [+] debt 6.1 percent by 2050, according to a new analysis. AFP via Getty Images |
| 29.08.2020 | Trump attacked Biden's economic plan as a huge tax hike for the middle-class. But most Americans wouldn't see their taxes directly increase. | Trump engaged in a barrage of inaccurate attacks on Democrats during his Thursday speech at the Republican National Convention.
He said Biden's tax plan would raise taxes on "almost all American families," which would "totall... |
| 09.06.2020 | The Economy’s Reopening Could Cause A Second Covid Wave, Models Show | Models predict reopening will cause a second wave of Covid. And if we stop social distancing, it could bring many more deaths and cause another economic shutdown. |
| 05.06.2020 | Zandi: ‘Recession Over,’ 2.5 Million Job Gain To ‘Largely Be Revised Away’ | WASHINGTON, DC - JUNE 05: U.S. President Donald Trump speaks during a bill singing ceremony with his ... [+] economic team in the Rose Garden at the White House June 05, 2020 in Washington, DC. In the midst of nationwide protests against th... |
| 18.11.2019 | The Wealth Tax In Three Acts | The wealthiest US citizens have vast assets but little income, so income taxes struggle to reach ... [+] them. A wealth tax could ensure these very richest Americans pay their fair share along with the rest of us. But would it?Getty |
| 03.04.2019 | Advocating for evolution, not disruption, in healthcare | At the center of Fogg’s argument is interest in different models that seem to be on the increase. The data does not fully support this view or serve as evidence of a pending wave of disruption. What we see instead are repeated ripples.
Take... |
| 23.01.2018 | The tax cut should mean you get a break in your utility bill. How much? | The federal tax law that has resulted in big savings for corporations across the country is also leading to a windfall for utility companies — and that should lead to ratepayers getting a break on their power bills.
In California, the size ... |
| - | How to donate your $600 stimulus check to people in need | Over the weekend, Congress reached a deal for a new $900 billion Covid-19 relief package, which includes funding for stimulus payments of up to $600.
The latest pandemic rescue legislation provides a direct payment worth up to $600 to indiv... |
| - | How much money do gas tax holidays actually save drivers? What we know, based on 3 states that put temporary suspensions in place | State gas tax holidays resulted in savings that were "mostly passed on to consumers," research finds.
A three-month federal gas tax holiday may not result in substantial savings for drivers.
"Suspending the gas tax is largely... |
| - | Some Americans are frustrated that the Senate may limit eligibility for $1,400 stimulus payments: ‘This is a slap in the face’ | After hearing that Senate Democrats may limit who can receive the $1,400 stimulus payment included in the American Rescue Plan, Marissa Ortega’s heart dropped.
The 25-year-old Washington D.C. resident had planned to use the money to rebuild... |
| - | As Biden weighs a federal gas tax holiday, here's what that could mean for prices at the pump | A gallon of gas now costs an average of $4.97, according to AAA, and in some states, average prices are much higher. That cost includes a federal tax of 18.4 cents per gallon.
The Biden administration and Democratic lawmakers are considerin... |
