Новости за 24.08.2022

If you make $125,000 or less and you have outstanding student loans, President Joe Biden has good news for you. He just canceled up to $10,000 of your debt. If you received Pell grants to attend college, make that up to $20,000 of your debt. If you’re married, the ceiling for income eligibility rises to $250,000. Biden also canceled all student debt in excess of 5 percent of any given debtor’s income, and he extended through the end of this calendar year a suspension of student loan payments that President Donald Trump began in March 2020... Читать дальше...

Did the Inflation Reduction Act, which Congress recently managed to pass by party-line vote, quietly save the administrative state? This week, numerous commentators—including members of Congress—suggested that cunning Hill staffers had managed to sneak in language upending the Supreme Court’s recent decision in West Virginia v. EPA, which limited the ways the Environmental Protection Agency can regulate greenhouse gas emissions under the Clean Air Act. Dark Brandon had struck again. Republicans were furious. Читать дальше...

The passage of the Inflation Reduction Act unleashed a flood of commentary noting that President Biden has accomplished a stunning amount in his first 20 months in office. But nearly all those observers missed the historic nature of the economic vision behind many of the president’s achievements: He very intentionally made a 180-degree turn away from decades of neoliberal policies pursued by both his Republican and Democratic predecessors.

After he finished his military enlistment in 1996, Adrian Fontes spent about a decade as a prosecutor. Fontes’s interests, and career path, seemed clear. A native Arizonan, he spent time first in the Maricopa County Attorney’s Office, followed by a stint in Colorado; then he returned home to run the international prosecution unit at the Arizona attorney general’s office. He eventually went into private practice. The law seemed like Fontes’s calling.

Last week, at an event held by the U.S. Chamber of Commerce Foundation, White House Covid-19 response coordinator Dr. Ashish Jha said that the Biden administration would begin shifting procurement of coronavirus tests and treatments from the federal government to the commercial sector. “One of the things we’ve spent a lot of time thinking about in the last many months … is getting us out of that acute emergency phase where the U.S. government is buying the vaccines, buying the treatments, buying the diagnostic tests,” Jha said... Читать дальше...