March 26, 2021

Day: March 26, 2021

Washington baits a financial trap for states

In its first two months, the Biden administration and the 117th Congress have launched a breathtaking assault on state autonomy and the Tenth Amendment.

The PRO Act would usurp the most significant state labor laws. The For the People Act, H.R. 1, would do the same for state election laws. And with the recently signed American Rescue Plan Act (ARPA), the federal government has baited a financial trap for state governments. Billions of dollars are available for their spending … if they surrender to Washington their prerogatives to reduce taxes and to manage their unfunded liabilities.

The state and

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Social Security beneficiaries wait for money

Seniors, who are 65 and over, wait in line at the Department of Health Sarasota COVID-19 vaccination clinic in Sarasota, Florida, U.S. January 4, 2021.

Octavio Jones | Reuters

As $1,400 Covid stimulus checks go out, some lawmakers are expressing concern that recipients of Social Security and other federal benefits have yet to get the money to which they are entitled.

Congressional Democrats, including Rep. Richard Neal of Massachusetts, who serves as chair of the House Ways and Means Committee, sent a letter to the IRS and Social Security Administration on Monday calling for “immediate attention to this urgent matter.”

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Florida’s voting changes bill could put personal info at risk, Republican election supervisor warns

TAMPA, Fla. (WFLA) — As GOP state lawmakers move forward with sweeping election changes in Florida, elections supervisors – even those who are also Republicans – are alarmed. One tells 8 On Your Side the proposed bill puts your personal information at risk and makes it harder to vote.

Florida had a smooth election in 2020. Still, GOP lawmakers say they want to make a good thing even better. Their proposed bill, which a Florida House panel approved Monday, changes our state’s voter registration process, vote-by-mail system, monitoring requirements for drop boxes and more.

Proponents say they want to increase

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Man Caught On Camera Ramming Car Into NW OKC Business

A man was caught on camera on Wednesday slamming his car into a metro business and leaving the store in shambles. Police said John Lytle, 25, told officers at the scene he was attempting to burglarize a smoke shop but hit the wrong place.

The owners of the store said on Thursday they left the store an hour before Lytle rammed his car into their business near north Council Road and Hefner Road. They are still in shock and disbelief at the damage that was left.

The front of Mario and Catalina Herrera’s shoe repair business was completely shattered. Along

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Insurance Broker Acrisure Raises $3.45 Billion

Fast-growing global insurance brokerage Acrisure announced it has closed on two transactions representing a significant capital raise of $3.45 billion.

BDT Capital Partners, a merchant bank, led a $3 billion investment through its affiliated investment funds into Acrisure’s senior preferred stock.

In addition, a consortium of investors Acrisure says were attracted by its tech-enabled partnership model and its July acquisition artificial intelligence (AI) firm Tulco’s insurance business, has invested $454 million of new capital in junior preferred stock.

Michigan-based Acrisure said these new investments will support the company’s long-term objectives.

“These transactions are a clear reflection of how the market

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A guide to financing options for first-time home buyers

We asked Darrin Q. English, senior community development loan officer at Quontic Bank in New York City, for financial tips for first-time buyers. English replied to our questions in an email. The responses have been edited for length and clarity.

Q: Do you have some general advice for first-time buyers on financing?

A: Preparing for your first home purchase can be intimidating. It’s important to educate yourself on the home-buying process. Understanding basic financial language will be key in making an inquiry with a lender. Familiarize yourself with the risk factors such as your credit score and your

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