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NATIONAL ECONOMY

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NATIONAL ECONOMY - Cardinal & Pine

The super rich and big corporations to face more scrutiny from Biden’s IRS

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Using an infusion of funds provided by President Biden’s Inflation Reduction Act, the IRS has already collected more than $520 million from 1,600 millionaires who had unpaid tax bills of more than $250,000.
NATIONAL ECONOMY - Cardinal & Pine

New Biden rules deliver automatic cash refunds for canceled flights, ban surprise fees

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Under the new rules, passengers will no longer have to navigate customer service systems to receive refunds for canceled flights or fall prey to low advertised base fees without full disclosure of extra costs.
NATIONAL ECONOMY - Cardinal & Pine

New VA program to help more than 40,000 veterans stay in their homes

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The program is an attempt to prevent foreclosure actions against former military members still experiencing financial hardship post-pandemic.
NATIONAL ECONOMY - Cardinal & Pine

VIDEO: What Was the Most Important Part of the 2021 Child Tax Credit?

WATCH: Charlotte’s Stacy Staggs says the government should work for its people! 💪🏻 We talked to Staggs about a new push to restore the pandemic-era child tax credit payments. The temporary reform proposed by President Biden cut childhood poverty in half during the COVID-19 pandemic. Federal lawmakers did not extend the tax credit, but there’s […]
NATIONAL ECONOMY - Cardinal & Pine

Biden’s 2025 budget prioritizes lowering costs for families, taxing the rich

The president's budget includes proposals to lower childcare costs, create a paid family leave program, lower drug costs, and strengthen Social Security and Medicare—all by raising taxes on the wealthy and corporations.
NATIONAL ECONOMY - Cardinal & Pine

Three years later, here’s how Biden’s American Rescue Plan has impacted North Carolina

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The American Rescue Plan turns three today. Here’s how President Biden’s first signature accomplishment not only invested billions of dollars into North Carolina’s economy, but also made a difference in the lives of millions of people. Three years ago, on March 11, 2021, President Joe Biden signed the American Rescue Plan Act (ARPA) into law. […]