Pelosi reaches deal with House moderates to advance Biden's $3.5T infrastructure goals
The House on Tuesday took a step forward on President Biden's infrastructure and social spending goals after Democratic leadership forged a deal with moderates who are leery of excessive spending.
Retirement swelled during the pandemic, more than expected, study shows
Older Americans were more likely to retire during the coronavirus pandemic, which forced millions of workers out of the labor force during its peak.
Amid Afghanistan mess, Biden spending agenda faces key test as moderate Dems, Pelosi face off
Democrats don't appear to have the votes to pass their $3.5 trillion budget resolution amid a standoff over infrastructure
$300K PPP fraud case ensnares daughter of Florida Dem seeking US House seat, report says
The daughter of the former mayor of Broward County, Florida, is accused of defrauding the federal COVID-19 relief program, according to a report.
Social Security cost of living adjustment could be largest in nearly 4 decades
Social Security beneficiaries might be in for the highest in cost of living adjustment (COLA) in nearly four decades, according to new projections.
House GOP reelection committee sets more fundraising records
The National Republican Congressional Committee (NRCC) brought in $7 million in fundraising last month as the reelection arm of the House GOP continues to build resources as part of its mission to regain the chamber’s majority in the 2022 midterm elections.
Moderates may try to force Pelosi to pass $1T infrastructure bill by holding $3.5T budget resolution hostage
House Speaker Nancy Pelosi and moderate Democrats and Republicans in the chamber are on a collision course over whether to pass the bipartisan infrastructure bill before the Senate finishes Democrats' reconciliation bill.
Key Social Security report delay leads top Republican to press Treasury for answers
Sen. Mike Crapo, R-Idaho, sent a letter to the Treasury Department on Friday inquiring as to why an important report detailing the financial health of two popular programs, Social Security and Medicare, has yet to be released.
US trade deficit widened to record in June, showing strong pre-delta demand
The U.S. trade deficit widened to a record in June as the resurgent American economy drove strong demand for foreign-made goods ahead of the Covid-19 Delta-variant surge.
House GOP reelection arm targets 15 potentially vulnerable Democrats over rising prices
The House Republican reelection committee is taking aim at 15 Democrats it considers vulnerable in the 2022 midterm elections with a new online ad blitz that spotlights the nationwide rise in inflation.
Social Security Administration backlog has delayed eligibility and card processing, study shows
Coronavirus pandemic has caused a backlog at Social Security processing centers – meaning some claimants and beneficiaries have yet to receive key documentation from the program, a new report shows.
Seniors squeezed: Tips to weather rising inflation, retirement costs
Climbing inflation has hiked the price of many household items, which has hit some Social Security beneficiaries who received a modest benefit bump this year particularly hard – but experts say there are some small ways recipients can tighten their budgets.
Pelosi says Biden doesn't have the power to cancel student loan debt
House Speaker Nancy Pelosi said Wednesday that President Biden can't unilaterally wipe away student loan debt, as some progressives have urged him to do, and even questioned the fairness of a debt forgiveness policy.
Texas farmers request Biden administration cover illegal immigration costs
Texas farmers are requesting the Biden administration pay for all the damages to their farms caused by the surge in illegal immigration.
Republicans ask for spending cuts with debt ceiling bill, blame 'unchecked government spending' for inflation
Republicans on the House Budget Committee are asking congressional leaders to including spending controls with any increase debt ceiling increase, as the July 31 expiration of the debt limit suspension looms.
Inflation inflicting near-term pain, but promises long-term gain for seniors
Heightened inflation has caused financial pain for seniors who saw a modest increase in Social Security benefits in 2021, but relief is likely on the way thanks to those very same rising consumer prices.
Social Security recipients could see biggest cost-of-living raise in 40 years
Social Security recipients are on track to receive the biggest cost-of-living raise in four decades, driven by a rapidly rebounding economy that's caused the biggest surge in inflation in years.
4 unexpected ways to level up your 401(k)
Here are 4 ways to get the most out of your 401(k).
House lawmakers form new caucus to rein in Big Tech
The Freedom from Big Tech Caucus will be led by Reps. Ken Buck of Colorado and Lance Gooden of Texas. Other founding members include Reps. Madison Cawthorn of North Carolina, Burgess Owens of Utah and Paul Gosar of Arizona.
Biden to discuss Russia-linked cybercrimes during meeting with Germany's Merkel
President Biden on Thursday will host a meeting at the White House with German Chancellor Angela Merkel where the pair is expected to discuss a host of issues including cybersecurity and climate change.