Official Newspaper of Eddy County since 1883
Official Newspaper of Eddy County since 1883
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The latest economic news has Americans getting poorer. In fact, recent reports are indicating that two-thirds of Americans are living paycheck-to-paycheck. Further, it's not just those living near the poverty level who are struggling. Fortune.com referenced a new report issued by Lending Club that revealed more than one-third of paycheck-to-paycheck consumers in the U.S. earn at least $250,000. Certainly, inflation is affecting how Americans of all income levels handle their budgets. The...
Last April, President Biden announced his American Families Plan, which promises many wonderful things such as more affordable education, comprehensive paid family and medical leave, expanded nutrition assistance for children and families, and bigger tax credits for workers and families, just to name a few. What is funding this amazing plan? Well, tax reform, of course – but as always, the devil is in the details. As stated in The Treasury’s Compliance Agenda, “The President’s proposal require...
