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Presidency of Joe Biden News & Breaking Stories

'Free' Covid tests from federal government to cost taxpayers billions - Must Read Alaska
  • 21st Sep 2023

'Free' Covid tests from federal government to cost taxpayers billions - Must Read Alaska

The Biden Administration is providing free Covid-19 test kits to Americans starting Sept. 25, with four tests per household available through covidtests.gov. The kits can detect the latest variants and will be available until the end of December. The program's costs are unclear, but in 2022, three companies were awarded $2 billion to provide 380 million free test kits. The announcement comes a year after President Biden declared the pandemic over. Insurance companies are no longer covering the cost of test kits, and the government has also granted $600 million to 12 Covid-19 test manufacturers.

A Federal Government Shutdown: What To Know
  • 21st Sep 2023

A Federal Government Shutdown: What To Know

The possibility of a government shutdown is looming large, after Republican leadership scrapped a procedural vote on a stopgap funding bill to keep the government running through October. Intraparty feuding between moderates and the hard-right lies at the heart of the GOP's inability to reach a compromise and highlights the challenge before House Speaker Kevin McCarthy (R-Calif.).

GM increases wage offer ahead of UAW strike deadline
  • 14th Sep 2023

GM increases wage offer ahead of UAW strike deadline

General Motors (GM) has increased its contract offer to a 20% wage hike for US autoworkers in a bid to avoid a strike. Ford Motor has also confirmed it offered a 20% hike and other benefits. The United Auto Workers (UAW) is demanding 40% raises and major improvements in benefits. The UAW has outlined plans for a series of strikes targeting individual auto plants if agreements are not reached. The UAW is asking for 40% raises and major improvements in benefits. A full strike would hit earnings at each affected automaker by about $400 million to $500 million per week.

Texas AG Ken Paxton pleads not guilty at impeachment trial, departs as arguments commence
  • 5th Sep 2023

Texas AG Ken Paxton pleads not guilty at impeachment trial, departs as arguments commence

The impeachment trial of Texas Attorney General Ken Paxton has begun, putting Republicans in a difficult position. Paxton, who has faced felony charges and an FBI investigation, has remained popular among hard-right Republicans by aligning himself with Donald Trump. The trial is rare in its attempt to hold a member of the party accountable for alleged wrongdoing.

804,000 Borrowers to Benefit from Joe Biden's Student Loan Forgiveness
  • 16th Jul 2023

804,000 Borrowers to Benefit from Joe Biden's Student Loan Forgiveness

Joe Biden's student loan forgiveness program plans to cancel $39 billion in debt for over 804,000 borrowers. The relief is a result of adjustments made to income-driven repayment plans, and borrowers making 20 or 25 years' monthly IDR payments will be eligible for forgiveness. The Education Department aims to rectify "historical inaccuracies" in the tally of payments that qualify for forgiveness. Loan forgiveness will begin on July 14 for borrowers who have reached the forgiveness threshold. President Biden criticized Republican lawmakers for objecting to relief measures despite benefiting from loan forgiveness.

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