IRS Plans to Intensify Scrutiny on the Wealthy

TL/DR - The IRS plans to increase the audit rate for taxpayers earning over $10 million by about 50% by 2026, made possible by additional funding provided by the Inflation Reduction Act of 2022. Maryland officials have announced that a replacement for the Francis Scott Key Bridge, which was destroyed in March, will cost between $1.7 billion and…

State Variation in Child Medicaid Drop-offs Post-Pandemic

TL/DR - The Children’s Health Insurance Program (CHIP) and Medicaid saw a decrease of 4.16 million child enrollees by December 2023, a higher loss rate being evident in the second half of the year. Texas, Florida, Georgia, and California accounted for half of this national decline with South Dakota, Montana, and Utah having the highest percentage…

Ypsilanti Shooting: 1 Hurt in Early-Morning Gunfire Incident

TL/DR - An early morning shooting in Ypsilanti left one person injured. The victim was hospitalized with non-life threatening injuries. The suspect is still at large and the authorities are investigating the incident. Early-Morning Ypsilanti Shooting Leaves One Injured An early-morning shooting incident in Ypsilanti resulted in one person…

Latest US Politics News from The Economist: Violence Erupts in Campus Clashes

TL/DR - Police instructed student protesters at the University of California in Los Angeles to disperse or face arrest after violent clashes broke out between pro-Israeli and pro-Palestinian demonstrators. The pro-Israeli counter-demonstration reportedly used sticks and fireworks to breach a makeshift barricade occupied by the pro-Palestinian…