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California's Debt Continues to Grow - Vimarsana News

California's Debt Continues to Grow

After borrowing billions from the federal government to pay for unemployment during the pandemic, the state’s debt now stands at about $21 billion and growing. The state also currently accounts for about 20 percent of the nation’s unemployment.

California in a jam after borrowing billions to pay unemployment benefits - Vimarsana News

California in a jam after borrowing billions to pay unemployment benefits

California's massive budget deficit, coupled with the state's relatively high level of joblessness, has become a major barrier to reducing the billions of dollars of debt it has incurred to pay unemployment benefits.

Source: yahoo.com
Congress is looking at expanding the child tax credit again - Vimarsana News

Congress is looking at expanding the child tax credit again

WASHINGTON — The bipartisan tax package passed by the U.S. House last month is not a done deal, but the proposal’s supporters say it could restore some poverty-reducing benefits that

163,000 kids in Nevada would benefit from expansion - Vimarsana News

163,000 kids in Nevada would benefit from expansion

In Nevada, 163,000 children — 12,000 of them in rural areas — would benefit.

Congress is looking at expanding the child tax credit again. Who would benefit? – Pennsylvania Capital-Star - Vimarsana News

Congress is looking at expanding the child tax credit again. Who would benefit? – Pennsylvania Capital-Star

A majority of low-income families who do not qualify for the full credit would see some increase within the first year of the three-year deal, a new analysis finds.