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During 2010, resolutions were introduced or reintroduced into the legislatures of 21 states; the resolution passed in seven states (Alabama, Arizona, Kansas, Nebraska, South Carolina, Utah, and Wyoming). [2] [3] A state sovereignty resolution was prefiled for the 2011 session of the Texas Legislature (a prior 2009 resolution did not pass).
The Inflation Reduction Act of 2022 (IRA) is a United States federal law which aims to reduce the federal government budget deficit, lower prescription drug prices, and invest in domestic energy production while promoting clean energy. It was passed by the 117th United States Congress and signed into law by President Joe Biden on August 16, 2022.
The Federal Reserve today made its final interest rate decision of 2024, capping a year during which the central bank provided some financial relief to inflation-weary borrowers in September by ...
The federal minimum wage in the United States has stayed at $7.25 per hour since 2009, but states and some localities are free to set higher amounts. Thirty states have chosen to do so.
In the United States, government shutdowns occur when funding legislation required to finance the federal government is not enacted before the next fiscal year begins. In a shutdown, the federal government curtails agency activities and services, ceases non-essential operations, furloughs non-essential workers, and retains only essential employees in departments that protect human life or ...
Inflation is still high, and consumer prices continue to steadily increase. Fortunately, some individual states are providing relief in the form of inflation relief checks. Learn: Why Does the Fed...
In the wake of the coronavirus pandemic, the U.S. Congress passed a series of stimulus bills to provide direct checks to Americans. The last of these was paid out in March 2021. As federal payments...
The Federal Reserve February 2024 Survey of Consumer Expectations found that consumers had a median expectation of a 3.0% inflation rate in the coming year, and 2.7% over a three-year time horizon. [178] The inflation surge and aggressive Federal Reserve response caused widespread concern among economists and market analysts that a U.S ...