Recent White House study on taxes shows the wealthy pay a lower rate than everybody else

This post was originally published on this site A decade ago, in an essay for The New York Times, Warren Buffett disclosed that he had paid nearly $7 million in federal taxes in 2010. “That sounds like a lot of money,” he wrote. “But what I paid was only 17.4 percent of my taxable income […]

Ex-Facebook employee Frances Haugen testifies before Senate panel

This post was originally published on this siteDemocrats and Republicans vow to work together to strengthen online child-privacy laws after Haugen testified about Instagram and Facebook dangers for young users. Facebook rejects her portrayal.

Democrats warn of looming downgrade as US faces debt default crisis

This post was originally published on this site Democratic Senate leader Chuck Schumer warned Tuesday that the United States was flirting with a disastrous downgrade in its credit rating as lawmakers remained deadlocked over how to stave off a debt default with just days to spare. Democrats say the Senate needs to act by the […]

Troubled Student Loan Forgiveness Program Gets an Overhaul

This post was originally published on this siteThe sweeping changes will help more than a half-million public service workers who had thought they were paying down their debt for years.

As a Debt Default Looms, the White House Warns of a Financial Crisis

This post was originally published on this site‘A default would send shock waves through global financial markets,’ officials at the White House Council of Economic Advisers warned.

Is Sen. Kyrsten Sinema too moderate for progressives in Arizona?

This post was originally published on this site  Sen. Kyrsten Sinema, D-Ariz., a senator vital to the fate of President Joe Biden’s $3.5 trillion “Build Back Better” agenda, departs the Senate before meeting with Biden at the White House, at the Capitol in Washington on Tuesday, Sept. 28, 2021. | J. Scott Applewhite, Associated Press […]

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