The American Rescue Plan includes a temporary increase in tax credits for many people who buy health insurance through the Affordable Care Act’s marketplaces. Those credits will reduce the premiums that eligible Americans pay for coverage. But who is eligible?
Temperatures are rising with the arrival of spring, meaning consumers will be growing more active, and the Treasury Department reported this week that it had made 127 million payments totaling $325 billion in the first two weeks after President Joe Biden had signed the latest economic support package totaling $1.9 trillion.
Buttigieg appeared before the House Transportation and Infrastructure Committee in an opening gambit to sell Congress on President Joe Biden’ s infrastructure plan. Congress just passed a $1.9 trillion COVID-19 relief bill, but Buttigieg told lawmakers that a broader economic recovery will require a national commitment.
The realization that most Americans aren’t ready for retirement has caused many states across our country to take initiative to help increase retirement plan access and savings by implementing state-run programs.
Shane Westhoelter was in his early 20s, selling life insurance policies with $5,000 and $10,000 death amounts door to door in a small town when he found his “why.”
—Treasury Secretary Janet Yellen and Federal Reserve Chairman Jerome Powell told Congress on Tuesday that more must be done to limit the economic damage from the coronavirus pandemic. Both officials struck upbeat notes about the U.S. economy’s outlook in their appearances Tuesday.