May 20, 2024
Investment

Biden administration announces $5 billion investment in computer chips – NBC Bay Area

The Biden administration on Friday announced the investment of $5 billion in a newly established public-private consortium aimed at supporting research and development in advanced computer chips. The National Semiconductor Technology Center is being funded through the CHIPS and Science Act. That 2022 law aims to reinvigorate the computer chip sector within the United States

Read More
Loans

Biden Approves Another Nearly $5 Billion In Debt Relief For 74,000 Borrowers

Topline The Biden administration announced Friday it’s canceling approximately $5 billion in student debt relief, largely for public servants, the latest incremental step the White House has taken on student loan forgiveness, even though its more ambitious student loan relief program was thwarted by the Supreme Court. Community Center on January 18 in Raleigh, North

Read More
Investment

Swamp’s hidden regulations cost $50,000 per employee, lost investment

Regulations written by the Biden administration and those before it cost small businesses about $51,000 per employee, a gigantic cost that starves many firms of investments and raises the prices of consumer goods, according to an end-of-year analysis of the administrative state. Using data from outfits that track red tape, the Competitive Enterprise Institute said

Read More
Funds

School districts have nine months to spend billions in unused COVID relief funds

The last batch of COVID-19 relief funding for public schools allocated by the American Rescue Plan Act of 2021 is set to expire at the end of September 2024 — and states and school districts still have billions in unspent funds. According to data from the Department of Education, not a single state has managed

Read More