prepare to resume federal student loan payments in januar. while he s set to an kel cancel billions of dollars. progressives they are not happy. they say this doesn t go far enough. critics say the move will penalize the responsible american who already paid off their loans by making them now foot the bill for those who haven t paid just yet. there are concerns of the handout will increase inflation and widen the wealth gap. let s look at the numbers. the plan is expected to give the $10,000 handout to those making less than $125,000 a year. that adds up very fast with one estimate putting it at $300 billion over the next ten years and that is on the low end. even still, that amounts to an additional $2000 for every single american taxpayer. karlie, the left says handout to the rich. they complain about tax cuts. make no mistake. this is a handout to the rich. we have the numbers. anywhere from 68% to 70% of loans are going to go to those in the top 60% of the income distri
The Department of Telecommunications (DoT) has criticized Vodafone Idea (Vi) for failing to secure funding from the US International Development Finance Corporation (DFC) for the deployment of Open-RAN and related technologies. Vi had previously assured the DoT that it would secure this funding four months ago. The government is the biggest shareholder in the cash-strapped carrier.
Vodafone Idea: Earlier, Vi had told ET in November 2023 that Open-RAN (O-RAN) trials with US companies were being explored with an eye on deployment in the future. The telco has reportedly been holding trials with Mavenir for a 5G network based on O-RAN for a few circles and is in talks for equipment supply.
the central bank to fight inflation through destroying money and raising interest rates, the deeper the recession will be going into next year. right now, one out of every six american household that make their power payments their electricity payment, this is in the middle of the summer, because electricity prices are soaring. there s never been a crises hike this ever at a time in electricity prices when americans were so far behind on their bills. the fed has to balance that with avoiding a recession. this only makes matters worse. can i add one thing? president biden should really just get out there and say, okay, i m forgiving this debt. i m extending the payment moratorium. screw the majority of american who don t have a four-year college degree. why is he doing it?
congress is looking out for other policies. and more to the point, just to make a wonky point on the inflation question, the current republican argument that this will stop inflation is complicated by the fact that the current pause on student loan payments overall is really what is driving inflation. knocking off the principal long term is not really going to affect that necessarily, especially if the payment moratorium comes off an august. right. jeff stein. thank you, very much, that was very clear and in an important area of debate. thanks a lot. thanks. coming up, there are nearly 20 million americans who are ineligible to get the vaccine. there is news that that may be changing. what vaccinating kids under five may mean for work and other matters coming up after this. ng up afte this eople. -mom, come here! -don t worry about it. it ll go away on its own!