Headlines: Wednesday, 4 January 2023
- US housing market could slow in 2023, experts warn
- California inflation relief program will conclude this month - How many payments are left?
- Social Security recipients receive COLA boost of 8.7% to start the year
- Biden signs $1.7 trillion spending bill to fund government - Medicaid expansion reversed
- Supreme Court to hear challenges to Student Loan Forgiveness in February
- What next for interest rates as inflation starts to ease?
- Minimum wage to rise in several US states in 2023
Related news stories:
Last year Gov. Gavin Williamson passed the California Middle Class Tax Refund, offering one-off payments worth up to $1,050 to state residents. The payments are set to conclude this month with the final waves of debit cards going out now.
If you are still waiting for a California inflation relief check, here's the payment schedule...
Will I lose Medicaid coverage in 2023?
The passing of Congress’ $1.7 trillion omnibus package provided the funding required to prevent a partial government shutdown over the holidays. That bill was required to keep federal programs running for 2023, but some major changes were included in the final package to ensure it passed.
Chief amongst those changes was a provision that will allow states to remove millions of people off Medicaid from April 2023. The Kaiser Family Foundation estimates that roughly 20% of current recipients could lose Medicaid coverage.
This equates to more than 15 million...
Read Full Story:
https://news.google.com/__i/rss/rd/articles/CBMihQFodHRwczovL2VuLmFzLmNvbS9sY...