US 2022 funds deficit halves to $1,375 trillion regardless of scholar mortgage prices

WASHINGTON, Oct 21 (Reuters) – The US authorities on Friday reported that its fiscal 2022 funds deficit plunged by half from a yr earlier to $1,375 trillion, because of fading COVID-19 aid spending and document revenues fueled by a sizzling economic system, however scholar mortgage forgiveness prices restricted the discount. The US Treasury mentioned the … Read more

Biden administration modifications scholar mortgage steerage, as Republican-led states file lawsuit

WASHINGTON, Sept 29 (Reuters) – The Biden administration modified its steerage on who qualifies for federal scholar mortgage forgiveness on Thursday, the seven Republican-led states filed a problem to its scholar debt cancellation program. President Joe Biden mentioned in August that the US authorities will forgive $10,000 in scholar loans for tens of millions of … Read more

Unique: Trump nominee Claver-Carone voted out at IDB, threatens authorized motion

Guests stroll previous a display screen with the emblem of Banco Interamericano de Desarrollo (BID) on the Atlapa Conference Heart in Panama Metropolis March 13, 2013. REUTERS/Carlos Jasso Register now for FREE limitless entry to Reuters.com register MEXICO CITY/WASHINGTON, Sept 26 (Reuters) – The governors of the Inter-American Growth Financial institution (IDB) voted on Monday … Read more

Unique: India govt ‘in no hurry’ on medium-term inflation goal – sources

Debashis Dhara, a vegetable vendor, speaks on his cell phone at a retail market space in Kolkata, India, March 22, 2022. REUTERS/Rupak De Chowdhuri Register now for FREE limitless entry to Reuters.com register NEW DELHI, Sept 21 (Reuters) – India’s authorities is in no hurry to push inflation – now hovering close to 7% and … Read more

US scholar mortgage forgiveness has debtors hoping for holidays, medical faculty

FILE PHOTO – A graduate holds their mortarboard cap after the graduation ceremony on the College of Southern California (USC) in Los Angeles, California, US, Could 12, 2017. REUTERS/Patrick T. Fallon Register now for FREE limitless entry to Reuters.com register WASHINGTON, Aug 25 (Reuters) – People bearing heavy faculty debt hundreds welcomed US President Joe … Read more

Biden forgives thousands and thousands of pupil loans; critics inflation concern

WASHINGTON, Aug 24 (Reuters) – President Joe Biden stated on Wednesday the US authorities will forgive $10,000 in pupil loans for thousands and thousands of debt-saddled former faculty college students, preserving a pledge he made within the 2020 marketing campaign for the White Home. The transfer might enhance help for his fellow Democrats within the … Read more

After US local weather invoice win, environmental teams flip to allow reform

US President Joe Biden indicators two payments aimed toward combating fraud within the COVID-19 small enterprise aid packages on the White Home in Washington, US, August 5, 2022. Evan Vucci/Pool through REUTERS Register now for FREE limitless entry to Reuters.com register WASHINGTON, Aug 16 (Reuters) – With President Joe Biden anticipated to signal a long-negotiated … Read more

Evaluation: US renewables traders see Senate invoice sparking gold rush

Wind, photo voltaic, biogas, hydrogen all set to profit Broader vary of traders seen coming into market Tax perks to assist low-income communities, provide chains LOS ANGELES/NEW YORK, Aug 12 (Reuters) – For the primary time, traders in search of to pour money into US clear power initiatives can rely on no less than a … Read more

US Senate Democrats battle to go $430 billion local weather, drug invoice

WASHINGTON, Aug 6 (Reuters) – The US Senate on Saturday started debating a Democratic invoice to handle key components of President Joe Biden’s agenda – tackling local weather change, decreasing the prices of remedy for the aged and vitality, whereas forcing companies and the rich to pay extra taxes. The controversy started after the Senate … Read more