Day: February 21, 2024
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White House. President Biden Cancels Student Debt for more than 150,000 Student Loan Borrowers Ahead of Schedule
Today, President Biden announced the approval of $1.2 billion in student debt cancellation for almost 153,000 borrowers currently enrolled in the Saving on a Valuable Education (SAVE) repayment plan. The Biden-Harris Administration has now approved nearly $138 billion in student debt cancellation for almost 3.9 million borrowers through more than two dozen executive actions. The…
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White House. Biden-Harris Administration Announces Initiative to Bolster Cybersecurity of U.S. Ports
Today, the Biden-Harris Administration will issue an Executive Order to bolster the security of the nation’s ports, alongside a series of additional actions that will strengthen maritime cybersecurity, fortify our supply chains and strengthen the United States industrial base. The Administration will also announce its intent to bring domestic onshore manufacturing capacity back to America…
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NYC Mayor Eric Adams Announces Cancellation Of Next Round Of Agency Spending Cuts As A Result Of Strong Fiscal Management, Additional Cuts To Asylum Seeker Spending, Better-Than-Expected Economic Performance
City to Implement Additional 10 Percent Savings on Budgeted City-Funded Asylum Seeker Costs in FY25 Executive Budget — On Top of 20 Percent Cut Previously Announced — While Continuing to Provide Migrants With Intensive Case Work to Build Self-Sufficient Lives Moody’s Investors Service Applauds Adams Administration’s for “Robust Financial Management,” “Successful Implementation of Budget Measures to…