Tax Credit Crunch: Trump Administration Takes Aim at Climate-friendly Energy Subsidies

WASHINGTON, D.C. – Lawmakers recently passed a Democrat-led infrastructure and climate package that includes a range of tax credits for eco-friendly energy sources and electric vehicles. The legislation also allocates funds for grants supporting projects that reduce pollution and combat climate change, along with measures to hold oil and gas companies accountable for methane leaks. The new law has sparked controversy, particularly among Republicans who have expressed intentions to repeal at least parts of it …

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Drug Prices in Focus Again as Biden Seeks Credit for Speech

Washington, D.C. – President Biden addressed the nation on Tuesday, advocating for policies aimed at reducing drug prices and improving access to healthcare. In his State of the Union speech, Biden highlighted the need for Congress to take action to address the rising costs of healthcare for Americans across the country. Biden’s speech focused on the urgent need to tackle the issue of escalating drug prices, emphasizing the importance of affordable healthcare for all. He …

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Apply now for Pension Credit before time runs out on claiming extra £299 – Urgent Alert for Britons

Manchester, England – As the deadline approaches for Britons to apply for Pension Credit in order to claim an additional £299 as a cost-of-living payment, the Department for Work and Pensions (DWP) has issued an urgent warning to individuals aged 65 and over who have not yet taken advantage of this opportunity. The deadline for claiming this payment is quickly nearing, prompting officials to urge eligible individuals to act promptly to secure this financial benefit. …

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Debt Relief: Consumer Financial Protection Bureau Targets Medical Bills and Credit Reports

Washington, D.C. – The Consumer Financial Protection Bureau, under the leadership of Rohit Chopra, is taking a proactive approach to protecting Americans from the burden of medical debt. Since its establishment in 2010 by President Barack Obama, the agency has shifted its focus from traditional financial sectors to address the growing crisis of medical debt plaguing millions of individuals across the United States. In recent years, the CFPB has taken significant action against medical debt …

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The Significance of Credit Scores in Retirement

Do you believe your credit score loses importance during retirement? Think again. Even after you’ve retired, your creditworthiness plays a vital role when applying for new credit cards, borrowing money, or securing certain types of insurance.

Retirement-Age Americans Driving US Credit Rally and Record Annuity Sales, Bloomberg Reports

New York, NY – Annuity sales in the US hit a record high in 2023, driven by retirement-age Americans seeking higher interest rates to boost their premiums, according to data from the life insurance trade association LIMRA. Bloomberg reported that a total of $385 billion in annuities were sold, marking a 23% increase from the previous year and setting a new all-time record. These contracts provide customers with periodic payments from a life insurer, while …

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