May 6, 2024
Loans

Republican-led states file lawsuit to block Biden’s massive new student loan bailout plan

Politics By Victor Nava Published March 29, 2024, 6:12 p.m. ET Eleven Republican-led states have filed a lawsuit against President Biden and Education Secretary Miguel Cardona in an attempt to block the administration’s latest student loan debt cancellation plan.  The lawsuit, filed Thursday in Kansas federal court by the state’s Attorney General Kris Kobach, is

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Loans

Red States File Lawsuit Challenging New Biden Student Loan Forgiveness Plan

Yesterday, a coalition of eleven red states led by the state of Kansas filed a lawsuit challenging the legality of President Biden’s new loan forgiveness plan, which would forgive at least $156 billion in federal student loan debt. I suspect I am not the only observer who had a strong sense of de ja vu,

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Funds

Donald Trump is selling Bibles for funds to pay legal bills, wants to ‘make America pray again’

Former President Donald Trump is now selling Bibles as he runs to return to the White House. Trump, who became the presumptive Republican nominee earlier this month, released a video on his Truth Social platform on Tuesday urging his supporters to buy the “God Bless the USA Bible”, which is inspired by country singer Lee

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Loans

Biden Trying To Bypass Supreme Court On Student Loan Debt Forgiveness

Share this Story via Text Message, Facebook, X, Gmail, Outlook, or Yahoo Mail President Joe Biden has announced that he will cancel $5.8 Billion in student loans for 78,000 borrowers. The debt he is forgiving is for public service workers, which include teachers, nurses, firefighters and others enrolled in the Public Service Loan Forgiveness (PSLF)

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Funds

Biden signs $1.2 trillion funding bill to avoid government shutdown

US News By Jon Levine Published March 23, 2024, 1:57 p.m. ET President Biden has signed a $1.2 trillion funding package to keep the government open. “The bipartisan funding bill I just signed keeps the government open, invests in the American people, and strengthens our economy and national security. This agreement represents a compromise, which

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Mortgage

Home Sellers Disappointed by Biden’s $10,000 Tax Credit

Homeowners like MacKenzie Kipp who capitalized on historically low mortgage rates during the pandemic would stand to lose a substantial amount of money under President Joe Biden‘s proposed $10,000 tax credit for selling their starter homes. In an effort to ease the housing market’s tight inventory and support homeowners looking to upgrade, Biden announced a

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Finance

Congress faces a long slog as it tries to avert a shutdown at midnight

Washington has a plan to fund the government but faces a gauntlet of procedural steps in the hours ahead before it can avert a shutdown at midnight on Friday. Congressional leaders released their 1,012 page spending bill on Thursday, covering an estimated 70% of discretionary government spending. It aims to fully fund the government through

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Loans

Intel awarded up to $8.5 billion from CHIPS Act, with loans available

The money will help “leading-edge semiconductors made in the United States” keep “America in the driver’s seat of innovation,” U.S. Secretary of Commerce Gina Raimondo said on a call with reporters. Intel and the White House said their agreement is nonbinding and preliminary and could change. Intel has long been a stalwart of the U.S.

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Investors

ByteDance investors could win in TikTok sale says US lawmaker amid pressure to ban app over China espionage concerns

Investors in TikTok’s Chinese parent company stand to benefit if it sold the app because divestment would remove a source of uncertainty, a Republican lawmaker said. “It would be in the financial interest of ByteDance’s investors to effectuate a forced sale,” congressman Mike Gallagher, who spearheaded a House-passed bill aimed at making the company divest

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Loans

We Sit Down with the One Guy Whose Student Loans Were Canceled by Biden

President Biden’s SAVE plan, his audacious agenda to cancel student loans for millions of Americans, was immediately embraced by the public when it was revealed in 2022. The President’s administration recently announced it will hand out $1.2 billion to wipe out Federal education loans starting this year, specifically paying it out entirely to Jackson Lemming

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