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Tag Archives: biden

Biden Addresses Oil Firms – Says He Will Seek Tax on “Windfall” Profits

As the midterm elections are among us, U.S. Gas prices are still extremely high. To address this problem, President Biden stated that he is seeking to charge more taxes on certain oil companies. The oil companies that he seeks … Continue reading

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Some States have Already Announced Whether or Not they Will Tax Student Loan Forgiveness

Recently, President Joe Biden announced his plans to cancel some student loan debts for millions of Americans across the country. Most borrowers making less than $125,000 per year or $250,000 for married couples filing jointly will qualify for $10,000 in … Continue reading

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Biden to Give Partial Student Loan Forgiveness

Earlier this week, big news swept the nation as President Biden announced his plans regarding student loan forgiveness. Loan forgiveness was a campaign promise that Biden spoke about when he was making his 2020 presidential run. Although this is … Continue reading

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Inflation Reduction Act – DSJ Breakdown

The Inflation Reduction Act was recently signed into law by the Biden Administration. The goal of this act is to build back an economy that is beneficial for all hard-working American families. There are several details incorporated into this bill … Continue reading

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White House Says More IRS Funding Won’t Increase Audits for Lower Income Americans

On Monday, the Biden Administration received major backlash regarding concerns about the new $80 billion for the IRS in the Inflation Reduction Act package. The funding was intended to help the IRS crackdown on the collection of under-reported income … Continue reading

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Biden May Extend Student Loan Pause into 2023, Among Other Relief

As it stands, the pause on federal student loan payments is set to expire on August 31st, but it seems as though the Commander in Chief is heavily considering extending that pause until 2023. Following the CARES act … Continue reading

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Housing Prices Remain High, Biden Administration Looking to Cut Them Down

Over the past two years, Americans who are looking to purchase a home have been experiencing an extremely expensive housing market. These elevated prices are ultimately causing apartment and home sales across every U.S. city to decrease dramatically.  In … Continue reading

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Biden Considering Gas Tax Holiday: July 4th weekend the target

A few states have already imposed a gas tax suspension due to the sharp rise in prices and inflation.  This was done, providing many Americans some relief at the pump.  Now, President Biden is strongly considering utilizing a gas tax … Continue reading

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Biden Cancels 5.8 Billion Dollars In Student Loan Debt, Largest In Governments History

This past Wednesday, the Biden Administration said it plans to cancel all current student loans for all students who attended any schools operated by Corinthian Colleges. These schools, according to the Department of Education, were one of the largest … Continue reading

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