Biden's New Student Debt Relief Will Add Up To $750 Billion To The Budget Deficit By The Committee for A Responsible Federal Budget The Biden Administration recently announced a new plan to cancel student debt for up to 30 million borrowers and released a preliminary rule this morning detailing parts of this plan. The proposal, which is being introduced through the rule making process, would replace the Administration’s initial proposal to cancel between $10,000 and $20,000 per...
The Biden administration's latest plan to wipe out federal student loan debt for millions of borrowers could add up to $750 billion to the national deficit, according to a Tuesday report from the Committee for a Responsible Federal Budget.So far, the White House has announced $150 billion in so-called student loan "forgiveness" programs over the last year following the Supreme Court's June decision to reject unilateral loan cancellations. The previously rejected program would have wiped out $430...
If you’re confused about President Joe Biden’s various student loan debt-cancellation schemes, who can blame you? And on Tuesday, the Biden administration unveiled its third Read More
Education Department unveils new rules focused on canceling loan interest. Unveiled rules are part of the larger Biden effort to cancel student loan debt. Efforts could impact 30 million borrowers when combined with other steps
Student debt, a new Gallup report shows, is making it harder for young people to reach key life milestones. According to a Gallup survey of over 14,000 adults, over 70% of people say student debt has “delayed major life events” including moving out of their parents’ home, getting married, and having a child. Strikingly, there […]
The US Federal Trade Commission sued to stop Tapestry Inc.'s $8.5 billion
The US Federal Trade Commission sued to stop Tapestry Inc.'s $8.5 billion
The US Federal Trade Commission sued to stop Tapestry Inc.'s $8.5 billion
The antitrust regulator says Tapestry’s purchase of Capri Holdings hurts competition among affordable luxury handbag sellers; Companies vow to defend merger.
A lawsuit filed by Rep. Ronny Jackson of Texas and victims of terror attacks in Israel alleges that the Biden administration has unlawfully provided $1.5 billion in aid to organizations in Gaza and the West Bank that support Hamas and other terrorist groups. The lawsuit claims that President Joe Biden and Secretary of State Antony […]
The Federal Trade Commission is suing to block Tapestry's $8.5 billion acquisition of Capri Holdings, saying the deal would harm consumers by reducing competition and raising prices in the affordable luxury sector.Monday's federal court filing by the FTC challenges the proposed deal that would have one company controlling six fashion brands: Tapestry's Coach, Kate Spade and Stuart Weitzman and Capri's Michael Kors, Versace and Jimmy Choo.The acquisition could have a negative impact on the...
President Joe Biden’s latest student loan forgiveness plan, unveiled last week, could cost the government upward of $750 billion, according to analysis by a government watchdog group. Biden’s new plan comes less than a year after the Supreme Court struck down his last effort. It would eliminate debt for over 30 million people. The Biden […]