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A Gen Xer who got $250,000 in student loans forgiven said he can now finally start saving for retirement — and consider his dream of studying in India

President Joe Biden’s reelection campaign “plans to spend every day until November 5” hammering the issue of abortion and painting former President Donald Trump and Republicans as extreme, the Washington Post reported. Biden campaign officials reportedly see abortion as a “potential silver bullet” and hope the issue will “mobilize their core voters, bring disaffected voters back into the fold, and make inroads with voters whom Democrats have often struggled to win,” White House reporter Tyler Pager wrote, noting that the tactic comes as many Americans are worried about Biden’s age and inflation, which “threatens to hurt his reelection.” "There is...

When the economy is going well, people buy a lot on credit and keep current with their credit card debt. When the economy stinks, people still buy a lot on credit but fall behind in their payments. By that measurement, we're in a lot of trouble. The Federal Reserve Bank of Philadelphia published a study showing that the rate of credit card delinquencies — 30, 60, and 90 days past due — rose to a level not seen since 2012. And it gets worse. "Fourth quarter 2023 featured the worst card performance in the series," the report said. "All stages...

On Monday, the Biden administration unveiled its new student loan debt proposal, which, if finalized, would eliminate some debt for as many as 25 million borrowers.These plans primarily target those with "runaway interest" and borrowers who have been making payments for two decades. Moreover, it aims to assist those eligible for forgiveness through income-driven repayment (IDR) schemes and individuals enduring financial hardship."The plans would give borrowers $20,000 in loan forgiveness for balances that have grown due to unpaid interest since entering repayment, regardless of income. Those who qualify for the SAVE IDR plan would get the full balance of their...

President Joe Biden will announce Monday that student debt held by ten million Americans will transfer to taxpayers, White House officials told reporters Monday. The plan to convey student loan debt to taxpayers is widely seen as a political move to gain electoral traction among young voters, who largely do not approve of Biden’s leadership. Taxpayers can expect to absorb about $5,000 for each of the ten million students, according to the plan Biden is set to tout in Wisconsin. Overall, Biden intends to cut the amount that 23 million students owe on their loans, placing the burden on taxpayers...

Pennsylvania Sen. Bob Casey (D), who is fighting for his U.S. Senate seat in 2024 against Republican candidate David McCormick, joined President Joe Biden in declaring Easter Sunday “Transgender Day of Visibility.” “I’m proud to recognize Transgender Day of Visibility and support all those who are living as their authentic selves. I’ll always fight to make sure that trans and nonbinary kids, students, and adults are protected and respected in America,” Casey posted on X.

New York Governor Kathy Hochul (D) issued a proclamation Saturday declaring March 31, Easter Sunday, to be Transgender Visibility Day and ordered state landmarks including One World Trade Center in New York City and Niagara Falls to be illuminated in the colors of the transgender flag.

President Joe Biden is currently considering granting amnesty to illegal migrants in a bid to act on the worsening immigration crisis, according to Politico. Biden and his administration are weighing several ideas to take a tougher stance on the southern border crisis and illegal immigration amid criticisms he has thus far failed to act on either. The administration could start dolling out green cards to illegal immigrants who have long stayed inside the United States, thereby giving them amnesty to stay in the country, three people familiar with the planning told Politico. The plan would grant migrants who have been...

"My expectation would be that ultimately there'll be insurance payments." 30 second video at link. Bonus clip: RNC Research @RNCResearch Treasury Sec. Janet Yellen claims Biden's priority is "getting the cost of living down" and "lowering energy prices." FACT: Overall prices are up 18.6%, electricity costs are up 28.4%, and gas prices are up 48% since Biden took office. https://twitter.com/RNCResearch/status/1773031172810961263

President Joe Biden said the government would pay the “entire cost” of rebuilding the Francis Scott Key Bridge in Baltimore, Maryland, after a cargo ship hit the bridge after losing power early Tuesday morning. “It’s my intention that we will pay for the entire cost of reconstructing that bridge. I expect the Congress to support my effort,” Biden said in a White House press conference. “It’s gonna take some time. And the people of Baltimore can count on us, though, to stick with that every step of the way until the port is reopened and the bridge is rebuilt. We’re...

President Joe Biden is now considering a program that could allow 4,000 undocumented immigrants every year to avoid deportation and obtain a green card to remain in the United States. Those who have lived in the U.S. for more than 10 years and have a legal citizen relative that would 'suffer' as a result of their removal could qualify for access to this program, which the Executive Office for Immigration Review (EOIR) says allows non-legal permanent residents to apply for a judge to 'cancel your removal' and stay in the U.S. It comes amid continued crackdowns by Republicans in Congress...

Reading a campaign speech in Milwaukee this week, Joe Biden boasted of a plan to spend some $36 million on a stretch of 6th Street, just west of downtown Milwaukee. His speechwriter had him listing such federally funded benefits as bike lanes, newly planted trees, and bus lanes to make 6th Street a prettier place to be. And sure, it might at that. Trees are always lovely for pedestrians, though they can obstruct the view of pedestrians, drivers, and bicyclists alike. And bicycles and buses are always generically popular, even though in Milwaukee they each tend to have about the...

The Biden administration unveiled a new program on Thursday aimed at alleviating the financial burden on homeowners by slashing closing costs on select mortgages, reviving a proposal that faced opposition from the industry in the past. The initiative targets a significant expense associated with closing on a mortgage: title insurance. In a pilot program, Fannie Mae will waive the title insurance requirement on mortgage refinancings it acquires from certain lenders, according to a report by The Wall Street Journal. This move reignites a clash with the industry regarding the cost and necessity of title insurance and aligns with the White...

Just in case you are wondering how you can support Black History Month AND get rewarded, to boot!

*** Biden traveled to Charleston where he appeared at the historic Mother Emanuel AME Church, as he tries to shore up his 2024 support with black voters. While at one point, he was interrupted by pro-Palestinian protesters shouting 'ceasefire now,' he was also awarded with cheers when he called Trump a 'loser' and chants of 'four more years.' 'So let me be clear for those who don't seem to know: Slavery was the cause of the Civil War,' Biden said, earning applause. 'There was no negotiation about that.' Last month, Haley - the former governor of South Carolina - stepped...

Governor Kathy Hochul of New York announced a substantial $46 million grant initiative aimed at supporting more than 1,400 households in achieving affordable homeownership. This financial aid will primarily assist low- and moderate-income families, facilitating essential home repairs, safety modifications, and replacing older manufactured homes. Additionally, the program includes providing down payment assistance for first-time homebuyers. Governor Hochul emphasized the importance of this investment in the face of rising housing costs, positioning it as a crucial step in New York’s battle against the housing crisis. This move aligns with the Governor’s ambitious $25 billion Housing Plan, which intends to create...

President Joe Biden is aiming to use a visit to the battleground state of Wisconsin on Wednesday to spotlight a surge in federal government support for Black-owned small businesses during his White House tenure and to highlight his administration's efforts to ramp up investment in distressed communities. The Small Business Administration in the last fiscal year backed 4,700 loans valued at $1.5 billion to Black-owned businesses. Under Biden, the SBA says it has more than doubled the number and total dollar amount of loans to Black-owned small businesses. Since 2020, the share of the SBA’s loans going to minority-owned businesses...

The FTC reached a settlement with Rite Aid over its AI-powered surveillance system that agency said lacked consumer safeguards In a complaint filed in federal court, the FTC argued that Rite Aid used AI-based facial recognition tools to identify customers who may have engaged in shoplifting or other problematic behavior. The agency said that Rite Aid failed to put in place safeguards to protect employees who were falsely accused of wrongdoing because the facial recognition technology mistakenly flagged them as matching someone previously identified as a shoplifter or other troublemaker. The FTC said the facial recognition system "generated thousands of...

Republican presidential primary candidate and former South Carolina Gov. Nikki Haley is facing renewed criticism just before Wednesday night’s GOP primary debate because of a June TV interview, where she said the government should not intervene if parents decide to put their children through irreversible, life-altering “transgender” surgery. “The law should stay out” of matters involving troubled teens who demand sex-related medical treatments because “parents should handle it,” Haley told CBS. Watch Below: “What care should be on the table when a 12-year-old child in this country assigned female at birth says, ‘Actually, I feel more comfortable living as a...

A top official with the Department of Defense Education Activity was arrested earlier this month in an undercover human trafficking sting. Last week, Georgia law enforcement announced that 26 people had been arrested as part of a two-day undercover human trafficking sting conducted by the Coweta County Sheriff's Office. Among those arrested was 64-year-old Stephen Hovanic, chief of staff for Defense Department schools in the Americas. The agency is the federal school system for the Defense Department, operating schools for military families and Pentagon families. Hovanic is charged with pandering, a misdemeanor in Georgia. Law enforcement alleges that Hovanic tried...