Social Security recipients get 8.7% cost-of-living increase, the highest in more than 40 years!New York, CNN Business — Social Security recipients will receive an annual cost-of-living adjustment of 8.7% next year, the largest increase since 1981, the Social Security Administration announced Thursday. The hefty increase - which follows a 5.9% adjustment already for this year - is aimed at helping Social Security’s roughly 70 million recipients. Additionally, Senior citizens will see their Medicare Part B premiums drop in 2023, the first time in more than a decade that the tab will be lower than the year before
Excellent new!
2
Quote Originally Posted by fubah2:
Social Security recipients get 8.7% cost-of-living increase, the highest in more than 40 years!New York, CNN Business — Social Security recipients will receive an annual cost-of-living adjustment of 8.7% next year, the largest increase since 1981, the Social Security Administration announced Thursday. The hefty increase - which follows a 5.9% adjustment already for this year - is aimed at helping Social Security’s roughly 70 million recipients. Additionally, Senior citizens will see their Medicare Part B premiums drop in 2023, the first time in more than a decade that the tab will be lower than the year before
Quote Originally Posted by fubah2: Social Security recipients get 8.7% cost-of-living increase, the highest in more than 40 years! New York, CNN Business — Social Security recipients will receive an annual cost-of-living adjustment of 8.7% next year, the largest increase since 1981, the Social Security Administration announced Thursday.
That helps a very large segment who are in desperate need. Over 18% of the population I think it is.
That is in addition to a 5.9% adjustment that already went into effect for this year!
3
Quote Originally Posted by Zeus4par:
Quote Originally Posted by fubah2: Social Security recipients get 8.7% cost-of-living increase, the highest in more than 40 years! New York, CNN Business — Social Security recipients will receive an annual cost-of-living adjustment of 8.7% next year, the largest increase since 1981, the Social Security Administration announced Thursday.
That helps a very large segment who are in desperate need. Over 18% of the population I think it is.
That is in addition to a 5.9% adjustment that already went into effect for this year!
GOP threatens cuts to social security, medicare and social safety net if republicans seize control of congress to make seniors on fixed income worse off.
Extremely large voter segment for republicans are the seniors.
2
Quote Originally Posted by thirdperson:
GOP threatens cuts to social security, medicare and social safety net if republicans seize control of congress to make seniors on fixed income worse off.
Extremely large voter segment for republicans are the seniors.
President Joe Biden said nearly 22 million people have applied to have their student loan debt canceled in just one week, taking aim at Republicans who have challenged his signature program in court and slammed the relief as a giveaway to elites.
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
2
cut from yahoo news ::
President Joe Biden said nearly 22 million people have applied to have their student loan debt canceled in just one week, taking aim at Republicans who have challenged his signature program in court and slammed the relief as a giveaway to elites.
cut from yahoo news :: President Joe Biden said nearly 22 million people have applied to have their student loan debt canceled in just one week, taking aim at Republicans who have challenged his signature program in court and slammed the relief as a giveaway to elites.
He promised this so it's good to see he followed through.
3
Quote Originally Posted by KellyM_1964:
cut from yahoo news :: President Joe Biden said nearly 22 million people have applied to have their student loan debt canceled in just one week, taking aim at Republicans who have challenged his signature program in court and slammed the relief as a giveaway to elites.
He promised this so it's good to see he followed through.
Achieving self sufficiency for China's chip industry remains a key policy priority for Beijing, especially as the Biden administration continues to target the progress of China's semiconductor sector, with the latest being a set of sanctions announced by the Biden administration earlier this month.
The sanctions have caused major overseas-based chip manufacturing equipment companies to cease supplying key Chinese chip companies, including Yangtze memory Technologies Co (YMTC) and Semiconductor Manufacturing International Corp (SMIC), and makers of advanced artificial intelligence chips to cease supplying companies and laboratories.
3
Biden levied sanctions against China are working!
Achieving self sufficiency for China's chip industry remains a key policy priority for Beijing, especially as the Biden administration continues to target the progress of China's semiconductor sector, with the latest being a set of sanctions announced by the Biden administration earlier this month.
The sanctions have caused major overseas-based chip manufacturing equipment companies to cease supplying key Chinese chip companies, including Yangtze memory Technologies Co (YMTC) and Semiconductor Manufacturing International Corp (SMIC), and makers of advanced artificial intelligence chips to cease supplying companies and laboratories.
Biden levied sanctions against China are working! Achieving self sufficiency for China's chip industry remains a key policy priority for Beijing, especially as the Biden administration continues to target the progress of China's semiconductor sector, with the latest being a set of sanctions announced by the Biden administration earlier this month. The sanctions have caused major overseas-based chip manufacturing equipment companies to cease supplying key Chinese chip companies, including Yangtze memory Technologies Co (YMTC) and Semiconductor Manufacturing International Corp (SMIC), and makers of advanced artificial intelligence chips to cease supplying companies and laboratories.
good to hear
guarding against russia and china proactively
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
3
Quote Originally Posted by baish2012:
Biden levied sanctions against China are working! Achieving self sufficiency for China's chip industry remains a key policy priority for Beijing, especially as the Biden administration continues to target the progress of China's semiconductor sector, with the latest being a set of sanctions announced by the Biden administration earlier this month. The sanctions have caused major overseas-based chip manufacturing equipment companies to cease supplying key Chinese chip companies, including Yangtze memory Technologies Co (YMTC) and Semiconductor Manufacturing International Corp (SMIC), and makers of advanced artificial intelligence chips to cease supplying companies and laboratories.
The Biden administration has initiated plans to replenish the Strategic Petroleum Reserve, the U.S. emergency oil supply that the country is currently tapping into at historic rates to boost the oil supply on the market and mitigate prices at the pump. Meanwhile, President Biden announced Wednesday the U.S. will release another 15 million more barrels from the reserve.
The Department of Energy announced it's beginning a buyback process with a call for bids to repurchase 60 million barrels of oil, or one-third of the 180 million emergency barrels released as Russian President Vladimir Putin wages war on Ukraine. Gas prices were already high before Putin's war, which sent prices at the pump hurtling upward even more.
3
The Biden administration has initiated plans to replenish the Strategic Petroleum Reserve, the U.S. emergency oil supply that the country is currently tapping into at historic rates to boost the oil supply on the market and mitigate prices at the pump. Meanwhile, President Biden announced Wednesday the U.S. will release another 15 million more barrels from the reserve.
The Department of Energy announced it's beginning a buyback process with a call for bids to repurchase 60 million barrels of oil, or one-third of the 180 million emergency barrels released as Russian President Vladimir Putin wages war on Ukraine. Gas prices were already high before Putin's war, which sent prices at the pump hurtling upward even more.
Biden admin begin ‘expedited’ process to help save drought-stricken Colorado River
CNN —
The US Department of Interior announced Friday it is launching an “expedited” process to potentially change water-flow operations on the drought-stricken Colorado River, as Lake Mead and Lake Powell have fallen to alarming new lows.
Hydropower from the two dams is distributed to customers across eight Western states, according to the Bureau of Reclamation, and the levels of each reservoir are declining so much, experts fear they could stop producing power in the coming years.
The Colorado River system more widely provides water and electricity to more than 40 million people in the West. But the river basin has suffered from the region’s worst drought in 1,200 years.
3
Biden admin begin ‘expedited’ process to help save drought-stricken Colorado River
CNN —
The US Department of Interior announced Friday it is launching an “expedited” process to potentially change water-flow operations on the drought-stricken Colorado River, as Lake Mead and Lake Powell have fallen to alarming new lows.
Hydropower from the two dams is distributed to customers across eight Western states, according to the Bureau of Reclamation, and the levels of each reservoir are declining so much, experts fear they could stop producing power in the coming years.
The Colorado River system more widely provides water and electricity to more than 40 million people in the West. But the river basin has suffered from the region’s worst drought in 1,200 years.
Biden admin begin ‘expedited’ process to help save drought-stricken Colorado River CNN — The US Department of Interior announced Friday it is launching an “expedited” process to potentially change water-flow operations on the drought-stricken Colorado River, as Lake Mead and Lake Powell have fallen to alarming new lows. Hydropower from the two dams is distributed to customers across eight Western states, according to the Bureau of Reclamation, and the levels of each reservoir are declining so much, experts fear they could stop producing power in the coming years. The Colorado River system more widely provides water and electricity to more than 40 million people in the West. But the river basin has suffered from the region’s worst drought in 1,200 years.
Small changes like what they are pursuing may help a little in the short term, and realistically that's all anyone could possibly do. But until somebody figures out how to put an end to chronic drought, conditions will get worse. Drought is the problem. Not management.
3
Quote Originally Posted by fubah2:
Biden admin begin ‘expedited’ process to help save drought-stricken Colorado River CNN — The US Department of Interior announced Friday it is launching an “expedited” process to potentially change water-flow operations on the drought-stricken Colorado River, as Lake Mead and Lake Powell have fallen to alarming new lows. Hydropower from the two dams is distributed to customers across eight Western states, according to the Bureau of Reclamation, and the levels of each reservoir are declining so much, experts fear they could stop producing power in the coming years. The Colorado River system more widely provides water and electricity to more than 40 million people in the West. But the river basin has suffered from the region’s worst drought in 1,200 years.
Small changes like what they are pursuing may help a little in the short term, and realistically that's all anyone could possibly do. But until somebody figures out how to put an end to chronic drought, conditions will get worse. Drought is the problem. Not management.
President Joe Bidencongratulated House Minority Leader Kevin McCarthy on Republicans winning the House majority and said he is “ready to work with House Republicans to deliver results for working families.”
-----
And that is what a good leader does. Unlike trump.
5
President Joe Bidencongratulated House Minority Leader Kevin McCarthy on Republicans winning the House majority and said he is “ready to work with House Republicans to deliver results for working families.”
-----
And that is what a good leader does. Unlike trump.
The Biden administration has initiated plans to replenish the Strategic Petroleum Reserve, the U.S. emergency oil supply that the country is currently tapping into at historic rates to boost the oil supply on the market and mitigate prices at the pump. Meanwhile, President Biden announced Wednesday the U.S. will release another 15 million more barrels from the reserve. The Department of Energy announced it's beginning a buyback process with a call for bids to repurchase 60 million barrels of oil, or one-third of the 180 million emergency barrels released as Russian President Vladimir Putin wages war on Ukraine. Gas prices were already high before Putin's war, which sent prices at the pump hurtling upward even more.
No surprise here but in his televised announcement on Tuesday, the pro-fascist leader of the GOP claimed that Joe Biden has completely depleted the Strategic Oil Reserve [that is demonstrably false!] and that when he left office he had refilled it to capacity [also false!]
Trump just won't stop lying to the American people.
4
Quote Originally Posted by baish2012:
The Biden administration has initiated plans to replenish the Strategic Petroleum Reserve, the U.S. emergency oil supply that the country is currently tapping into at historic rates to boost the oil supply on the market and mitigate prices at the pump. Meanwhile, President Biden announced Wednesday the U.S. will release another 15 million more barrels from the reserve. The Department of Energy announced it's beginning a buyback process with a call for bids to repurchase 60 million barrels of oil, or one-third of the 180 million emergency barrels released as Russian President Vladimir Putin wages war on Ukraine. Gas prices were already high before Putin's war, which sent prices at the pump hurtling upward even more.
No surprise here but in his televised announcement on Tuesday, the pro-fascist leader of the GOP claimed that Joe Biden has completely depleted the Strategic Oil Reserve [that is demonstrably false!] and that when he left office he had refilled it to capacity [also false!]
Trump just won't stop lying to the American people.
The Biden administration said on Monday it has approved conditional funding of up to $1.1 billion to prevent the closure of the Diablo Canyon nuclear power plant in California, as part of its effort to fight climate change.
The Pacific Gas & Electric plant, which was set to fully shut in 2025, applied for funding in the initial phase of the Department of Energy's (DOE) $6 billion Civil Nuclear Credit program meant to help keep struggling nuclear power reactors open. Diablo is the last operating nuclear plant in California.
The Biden administration believes nuclear power is critical in curbing climate change and wants to keep plants open ahead of the development of next-generation reactors. President Joe Biden wants to decarbonize the power grid by 2035.
The U.S. nuclear power industry's 92 reactors generate more than half of the country's virtually carbon-free electricity. But about a dozen reactors have closed since 2013 in the face of competition from renewable energy and plants that burn plentiful natural gas.
U.S. Secretary of Energy Jennifer Granholm said the grant was a "critical step toward ensuring that our domestic nuclear fleet will continue providing reliable and affordable power to Americans as the nation's largest source of clean electricity."
3
WASHINGTON (Reuters)
The Biden administration said on Monday it has approved conditional funding of up to $1.1 billion to prevent the closure of the Diablo Canyon nuclear power plant in California, as part of its effort to fight climate change.
The Pacific Gas & Electric plant, which was set to fully shut in 2025, applied for funding in the initial phase of the Department of Energy's (DOE) $6 billion Civil Nuclear Credit program meant to help keep struggling nuclear power reactors open. Diablo is the last operating nuclear plant in California.
The Biden administration believes nuclear power is critical in curbing climate change and wants to keep plants open ahead of the development of next-generation reactors. President Joe Biden wants to decarbonize the power grid by 2035.
The U.S. nuclear power industry's 92 reactors generate more than half of the country's virtually carbon-free electricity. But about a dozen reactors have closed since 2013 in the face of competition from renewable energy and plants that burn plentiful natural gas.
U.S. Secretary of Energy Jennifer Granholm said the grant was a "critical step toward ensuring that our domestic nuclear fleet will continue providing reliable and affordable power to Americans as the nation's largest source of clean electricity."
WASHINGTON (Reuters) The Biden administration said on Monday it has approved conditional funding of up to $1.1 billion to prevent the closure of the Diablo Canyon nuclear power plant in California, as part of its effort to fight climate change. The Pacific Gas & Electric plant, which was set to fully shut in 2025, applied for funding in the initial phase of the Department of Energy's (DOE) $6 billion Civil Nuclear Credit program meant to help keep struggling nuclear power reactors open. Diablo is the last operating nuclear plant in California. The Biden administration believes nuclear power is critical in curbing climate change and wants to keep plants open ahead of the development of next-generation reactors. President Joe Biden wants to decarbonize the power grid by 2035. The U.S. nuclear power industry's 92 reactors generate more than half of the country's virtually carbon-free electricity. But about a dozen reactors have closed since 2013 in the face of competition from renewable energy and plants that burn plentiful natural gas.
U.S. Secretary of Energy Jennifer Granholm said the grant was a "critical step toward ensuring that our domestic nuclear fleet will continue providing reliable and affordable power to Americans as the nation's largest source of clean electricity."
the democrat and former governor of michigan is right about that even though nuclear power is not 100% clean energy but still it is one of the very best
"I'm the MOST HONEST HUMAN BEING that God has EVER created!!" - Donald Trump
4
Quote Originally Posted by Zeus4par:
WASHINGTON (Reuters) The Biden administration said on Monday it has approved conditional funding of up to $1.1 billion to prevent the closure of the Diablo Canyon nuclear power plant in California, as part of its effort to fight climate change. The Pacific Gas & Electric plant, which was set to fully shut in 2025, applied for funding in the initial phase of the Department of Energy's (DOE) $6 billion Civil Nuclear Credit program meant to help keep struggling nuclear power reactors open. Diablo is the last operating nuclear plant in California. The Biden administration believes nuclear power is critical in curbing climate change and wants to keep plants open ahead of the development of next-generation reactors. President Joe Biden wants to decarbonize the power grid by 2035. The U.S. nuclear power industry's 92 reactors generate more than half of the country's virtually carbon-free electricity. But about a dozen reactors have closed since 2013 in the face of competition from renewable energy and plants that burn plentiful natural gas.
U.S. Secretary of Energy Jennifer Granholm said the grant was a "critical step toward ensuring that our domestic nuclear fleet will continue providing reliable and affordable power to Americans as the nation's largest source of clean electricity."
the democrat and former governor of michigan is right about that even though nuclear power is not 100% clean energy but still it is one of the very best
wednesdayinsider the house passes a democrat sponsored bill that would stop an economy crippling rail strike — but also give workers 7 days of paid sick leave!
Democrats may have helped America dodge a crippling rail strike
New York CNN Business —
A crippling freight railroad strike that threatened to upend the US economy now looks unlikely.
The House approved two pieces of legislation Wednesday, one to impose the tentative agreements that members of four of the 8 unions have already rejected, keeping 115,000 rail workers on the job and averting a strike. The other will require railroads to give hourly employees up to seven days of paid sick time a year, a key point of contention in contract negotiations among all the 8 unions.
4
Quote Originally Posted by KellyM_1964:
wednesdayinsider the house passes a democrat sponsored bill that would stop an economy crippling rail strike — but also give workers 7 days of paid sick leave!
Democrats may have helped America dodge a crippling rail strike
New York CNN Business —
A crippling freight railroad strike that threatened to upend the US economy now looks unlikely.
The House approved two pieces of legislation Wednesday, one to impose the tentative agreements that members of four of the 8 unions have already rejected, keeping 115,000 rail workers on the job and averting a strike. The other will require railroads to give hourly employees up to seven days of paid sick time a year, a key point of contention in contract negotiations among all the 8 unions.
Quote Originally Posted by fubah2: Democrats may have helped America dodge a crippling rail strike New York CNN Business — A crippling freight railroad strike that threatened to upend the US economy now looks unlikely . This settlement is huge if it happens - as all Americans should be hoping
Way to go, Dems' Congress is aiming to help American economy. But the newly elected GOP House has put up investigating Hunter Biden, impeaching Pres. Biden and Anthony Fauci as it's top priorities.
4
Quote Originally Posted by baish2012:
Quote Originally Posted by fubah2: Democrats may have helped America dodge a crippling rail strike New York CNN Business — A crippling freight railroad strike that threatened to upend the US economy now looks unlikely . This settlement is huge if it happens - as all Americans should be hoping
Way to go, Dems' Congress is aiming to help American economy. But the newly elected GOP House has put up investigating Hunter Biden, impeaching Pres. Biden and Anthony Fauci as it's top priorities.
Quote Originally Posted by KellyM_1964: ...cut from CNNBusiness :: The US economy added 263,000 jobs in November! The unemployment rate held steady at 3.7%, according to the Labor Department ! No president in modern history has achieved such a consistently low unemployment rate
Nice!
2
Quote Originally Posted by Zeus4par:
Quote Originally Posted by KellyM_1964: ...cut from CNNBusiness :: The US economy added 263,000 jobs in November! The unemployment rate held steady at 3.7%, according to the Labor Department ! No president in modern history has achieved such a consistently low unemployment rate
Quote Originally Posted by KellyM_1964: ...cut from CNNBusiness :: The US economy added 263,000 jobs in November! The unemployment rate held steady at 3.7%, according to the Labor Department ! No president in modern history has achieved such a consistently low unemployment rate
0
Quote Originally Posted by Zeus4par:
Quote Originally Posted by KellyM_1964: ...cut from CNNBusiness :: The US economy added 263,000 jobs in November! The unemployment rate held steady at 3.7%, according to the Labor Department ! No president in modern history has achieved such a consistently low unemployment rate
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