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US Economy
Income Inequality Worsens Social Security Crisis
Why Social Security's Income Inequality Problem Is Impacting Retirees
For most retirees, Social Security is a critical source of income, helping 80% to 90% of them make ends meet. However, this essential program is on increasingly shaky ground due to several demographic shifts, including a growing income inequality problem.
Demographic Changes…
IRS Embraces Digitalization Initiative to Drive Innovation and Improve Taxpayer…
Digital Intake Initiative: A New Approach to Tax Filing Efficiency for IRS
The Enterprise Digitalization Office…
Biden Averts U.S. Default: Debt Ceiling Bill Signed & Sealed
President Biden Raises Debt Ceiling to Avoid Default
President Joe Biden signed a bill on June 3rd, just two days…
Exciting Job Growth Powers a Sixth Winning Week in Stocks Following Historic Debt Ceiling Bill Approval
Stocks Rise on Positive May Jobs Report and Debt Ceiling Bill
Stocks rose on Friday, May 7th, after traders analyzed the May jobs report and celebrated the passage of a debt ceiling bill that prevents the U.S. from defaulting on its financial obligations. The Dow Jones Industrial Average jumped 395 points, or 1.2%, while the S&P 500 and…
Clean Energy Surge, Yet Coal Hinders Climate Goals – IEA
Investments in Clean Energy on the Rise
The International Energy Agency (IEA) has released a report indicating that…
Unveiling Permitting Reform: The Hidden Energy Solution in Debt Talks
Understanding Energy Permitting Reform and its Role in the Debt Ceiling Deal
Energy permitting reform, which aims…
Inflation Reduction Act Turbocharges Key Areas for Remarkable Upgrades
Boosted IRS Funding - A Positive Impact on Taxpayers?
Many taxpayers have faced difficulties with their taxes for years, partly due to the IRS being underfunded. However, with the Inflation Reduction Act granting the IRS $80 billion in funding over a 10-year period, the taxpayer experience may soon improve. While part of these funds will be…
65-Year-Old Considers $30K Home Upgrade: Should Roth IRA Fund It?
Should You Use Your Roth IRA for a $30K Home Improvement Project?
Deciding whether to use your Roth IRA for a home…
Biden-Harris Propose Boosting Medicaid Drug Transparency
A new HHS proposal would shed light on the cost of prescription drugs and save states and the federal government…