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Survey: 23 Percent of Households With Student Debt Behind on Payments, Many Due to COVID-19
NextGen
A study by the Brookings Institute when viewed in relative terms
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Corporate Debt Binge Could Be Drag on Economy
Trusted Professional
Corporations, already big fans of debt, have become even more leveraged since the pandemic began, borrowing so much that it…
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Series of Princeton U Studies Find 'Thick Skin Bias' When Considering the Working Class
NextGen
A series of studies by a psychology professor and a psychology Ph.D. candidate at Princeton University "This is Jordan. He…
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The CARES Act Made it Easier to Draw Cash from 401(k)s, But Few Have Taken Up the Offer
Trusted Professional
Recent data from the Investment Company Institute (ICI) indicates that despite the CARES Act making it easier to tap 401(k)…
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House Ways and Means Committee Chair Urges IRS to Stop Sending Past Due Notices Until It Has Cleared Mail Backlog
Trusted Professional
Rep. Richard Neil (D-Mass.), the chair of the House Ways and Means Committee, has urged the IRS to stop sending taxpayers…
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Jobless Numbers Rise Again, to 1.1 Million
Trusted Professional
The U.S. Department of Labor announced sub-million milestone remain at an impasse according to the Wall Street Journal
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U.S. Government Ends Conflict on How Long a Foot Should Really Be
NextGen
The U.S. government, to avoid confusion, has declared that a foot is slightly shorter than 12 inches, the New York Times…
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Parties Inch Closer to Agreement on Stimulus Deal, But Much Distance Remains
Trusted Professional
Congressional Democrats, faced with mounting constituent pressure, have signaled a willingness to make some concessions in…
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Coalition of Business Trade Groups Call Payroll Tax Deferral Unworkable
Trusted Professional
A coalition of 33 business trade groups said that the White House's planned deferral on collecting payroll taxes will create…
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