Economics

WASHINGTON — House Republicans demanding spending cuts in exchange for raising the nation’s debt limit have rallied around a seemingly straightforward proposal: recalling billions of dollars in coronavirus relief funds that Congress approved but have not been spent.

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Opinon : The U.S. needs stronger measures to deal with extreme heat problems

Tue, 2023-04-11 20:10 — mike kraft

Current heat warning systems are woefully inadequate in an age of climate change Currently, weather warnings for heat are issued based on the probability and magnitude of the heat event itself, rather than health outcomes. Torie Bosch STAT

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Despite these very real consequences of extreme heat, the U.S. has lagged behind other nations in both recognizing the risk of extreme heat and organizing the necessary resources and capacity to address it.

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VP Harris announces $1.7B in grants for communities disproportionately affected by Covid

Tue, 2023-04-11 10:57 — mike kraft

Vice President Kamala Harris announced $1.7B in grants for community lenders - UPI.com U.S. Vice President Kamala Harris has announced $1.73 billion in grants have been awarded to for more than 600 community lenders across the nation that support small businesses and entrepreneurs. UPI

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U.S. to spend $5 billion to speed up development of new COVID vaccines

Mon, 2023-04-10 19:34 — mike kraft

U.S. spending $5 billion to speed up development of new COVID vaccines The U.S. government is spending over $5 billion on an effort to speed up the development of new COVID-19 vaccines and treatments, a Department of Health and Human Services (HHS) spokesperson and a Biden administration official said on Monday. Reuters Reuters

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Analysis: The Age of Energy Insecurity

Mon, 2023-04-10 10:58 — mike kraft

The Age of Energy Insecurity How the fight for resources is upending geopolitics. Foreign Affairs

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House Republicans announce probe into use of COVID-19 education funds

Tue, 2023-04-04 12:03 — mike kraft

House GOP launches probe into use of COVID-19 education funds House Republicans announced Tuesday they are investigating potential misuse of coronavirus pandemic education funds and are requesting documents from the Department of Education regarding its guida… llonas The Hill

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U.S. Medicare, Social Security could fall short over next decade --government report

Mon, 2023-04-03 16:59 — mike kraft

Medicare, Social Security could fall short over next decade An annual report on Social Security and Medicare says the financial safety nets millions of older Americans rely on and millions more young people are counting on will run short on funds to pay full benefits within the next decade. The Social Security and Medicare trustees report says Medicare will be unable to pay full benefits for inpatient hospital visits and nursing home stays by 2031. Friday’s report says Social Security won’t have enough cash on hand to pay out full benefits just two years later. About 65 million older and disabled people are enrolled in both programs.

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U.S., U.K. try to stem fallout from Silicon Valley Bank collapse

Mon, 2023-03-13 08:22 — Kathy Gilbeaux

Here's what's being done to prevent crisis from Silicon Valley Bank collapse NEW YORK (AP) — Governments in the U.S. and Britain are taking extraordinary steps to prevent a potential banking crisis after the failure of California-based Silicon Valley Bank prompted fears of a broader upheaval. AP NEWS

apnews.com - By KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN and CATHY BUSSEWITZ - March 13, 2023

U.S. regulators worked through the weekend to find a buyer for the bank, which had more than $200 billion in assets and catered to tech startups, venture capital firms, and well-paid technology workers.

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