The recent announcement from the Trump administration regarding the resumption of wage garnishments for individuals defaulting on student loans is nothing short of a disgrace. As the world tentatively emerges from the shadow of the Covid-19 pandemic, the last thing the American public needs is an aggressive push to penalize citizens who have struggled amidst
Personal
As political theater unfolds in the Senate surrounding President Trump’s ambitious tax and spending package, one might think it’s a momentous occasion for American families. But the proposed changes to the child tax credit reveal a troubling underlying reality: that the system designed to support our nation’s children is precariously malleable, easily transformed to fit
On a backdrop of economic instability, the House Republicans have championed a tax and spending package, dubbed the “One Big Beautiful Bill Act,” that they claim will usher in an era of financial prosperity. For those directly involved yet on the periphery, the bill has spurred vehement debates about its implications. At its core, this
As spring began to paint the world in brighter colors, the optimism surrounding summer vacations was palpable. Consumers across the United States were brimming with excitement, foreseeing a summer filled with adventures. This enthusiasm was not merely whimsical daydreaming; statistics from a Deloitte report indicated a notable uptick in summer travel plans compared to previous
In recent years, America has found itself ensnared in an alarming demographic trap, marked by one of the lowest fertility rates in history. Currently languishing at approximately 1.6 births per woman, the U.S. is far from the replacement level of 2.1 births required to sustain the population. This isn’t merely an abstract number; it’s a
In a striking maneuver that demonstrates a continued trend of prioritizing the affluent, Senate Republicans are preparing to debate a substantial suite of tax breaks recently pushed through by House lawmakers. Central to this discussion is the controversial Section 199A deduction for qualified business income (QBI), a provision that emerged as a hallmark of the
In an era where financial literacy is more paramount than ever, the recent actions of the Trump administration regarding 401(k) plans signal an unsettling shift that requires scrutiny. By dismantling protective barriers that deter the inclusion of cryptocurrencies and digital assets like NFTs within these retirement plans, the administration appears to be promoting a reckless
In a striking rebuff to President Donald Trump’s controversial plan, a recent ruling from U.S. District Judge Myong J. Joun sheds critical light on the perils of allowing the Small Business Administration (SBA) to take charge of America’s vast $1.6 trillion student loan liabilities. While the administration pursued this audacious move with an air of
In a world where economic indicators can change at the speed of a tweet, the once-promising landscape of 529 college savings plans has taken on an unsettling hue. The aftermath of President Trump’s erratic tariff policies has left financial markets resembling a rollercoaster, testing the resolve of families who have meticulously allocated resources for their
Owning mutual funds can feel like a double-edged sword, especially when year-end payouts spring unexpected tax liabilities on investors who haven’t even sold their shares. This incongruity is frustrating and prompts many to question the fairness of our current tax system. Enter Sen. John Cornyn’s GROWTH Act, intended to alleviate this burden by deferring taxes