The Finance Ministry made an initial request of ¥32.4 trillion ($219 billion) for next fiscal year’s debt financing needs, reflecting the impact from rising Japanese bond yields. The requested amount was up around 15% from the previous fiscal year’s initial budget, according to documents seen on Tuesday. That compares with overall inflation at around 3%
Things weren’t always this bad. Generations ago, voters demanded laws to reduce the power of special interests, curtail corruption, and ensure that every citizen could speak freely and had equal representation. But over time, the Supreme Court has taken a sledgehammer to those safeguards. The crusade began in the mid-1970s with a case called Buckley
Sen. Ron Johnson comments on President Donald Trump’s tax policy bill Senator Ron Johnson, R-Wisconsin, comments on President Donald Trump’s tax policy bill during a Milwaukee Press Club luncheon in Milwaukee. The One Big Beautiful Bill Act, President Donald Trump’s tax and spending bill signed into law July 4, is bringing changes to the federal
hand holding envelope with overdue bill- vector illustrationAdobe Stock Late-payment rates among U.S. households remained elevated in the second quarter of 2025, driven in part by another steep slide into serious delinquency by student loan borrowers. By the end of June, 4.4% of Americans’ total outstanding debt was in some form of delinquency, according to
Trump claims bill will have tax savings for Wisconsin DoorDash driver While highlighting the “Big Beautiful Bill,” President Donald Trump referenced how he claims a Wisconsin DoorDash driver will benefit from tax cuts and “no tax on tips” in the spending bill. President Trump’s “One Big Beautiful Bill” introduces changes to the federal student loan
Much of the discussion around President Donald Trump’s sweeping tax and spending bill, which he signed into law on the Fourth of July, has focused on big-ticket items like tax cuts and Medicaid. But a less flashy provision tucked into the bill could affect health care, too.The “One Big Beautiful Bill Act” includes a section
It began last year, when Milanese banking giant UniCredit angered Prime Minister Giorgia Meloni’s government by attempting to take over crosstown rival BPM, which Meloni had hoped to merge with the partially bailed-out Tuscan lender Monte dei Paschi di Siena. In response, Rome deployed screening tools known as the ‘golden power’ — whose purpose is
Top headlines of the week, July 4 2025 Here are some stories you may have missed this week in central Ohio. Dispatch OhioHealth partners with Clasp to offer student loan repayment for future health care workers. The program aims to address staffing shortages and rising student debt in the health care industry. This initiative complements
Here’s what the Senate removed from Trump’s ‘Big Beautiful Bill’ Here’s whats left of Donald Trump’s “Big Beautiful Bill” after Senate cuts due to the “Byrd rule.” President Trump’s spending bill introduces changes to student loan programs, including new borrowing caps and repayment plans. Graduate students will have a $100,000 lifetime borrowing cap, while medical
The winners and losers in the ‘big beautiful bill’ These are the potential winners and losers from the tax bill, which President Donald Trump has dubbed the ‘big beautiful bill’. Congress is closer than it’s been in a long time to massively reforming college financial aid. On June 10, GOP lawmakers in the U.S. Senate