Biden budget plan highlights families and deficits for 2025
President Biden releases a 2025 budget blueprint aimed at tax breaks for families lower health care costs and higher taxes on the wealthy and corporations. It projects deficits and debt reduction over a decade with $2,000 drug cost caps and a $35 insulin cap, plus Medicare price negotiations and broader fiscal reforms.
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Manchester
N.H
Joe Biden
House
Senate
Biden
State of the Union
New Hampshire
Congress
White House
Shalanda Young
Mike Johnson
Louisiana
America
Medicare
Maya MacGuineas
Fiscal Group Committee
Ukraine
Russia
Israel
U.S
CNBC
Trump
Save Plan transforms student loan payments for millions
The SAVE plan reduces monthly payments for many borrowers and allows 0 payments for some. President Biden announced forgiveness for about 153,000 borrowers who paid for at least 10 years and borrowed $12,000 or less. Los Angeles Raleigh and nearby areas cited as examples of reduced obligations under the plan.
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New York
U.S
Joe Biden
Lauran Michael
Michael
Raleigh
North Carolina
U.S. Education Department
Public Service
Biden
Supreme Court
Education Department
FAFSA Data Delays Hold Aid Offers Across Colleges
After months of delays and technical glitches the Education Department began sending FAFSA records to about a few dozen colleges and plans to expand. The late rollout shrinks the time for financial aid offers ahead of May 1 deadlines, affecting students and families nationwide.
MENTIONED IN THIS ARTICLE
Washington
Biden
Education Department
Congress
Government Accountability Office
HUD Secretary Marcia Fudge to resign March 22
Housing Secretary Marcia Fudge announced she will resign effective March 22 after nearly five decades in public service. President Biden and White House aides praised her work expanding affordable housing and addressing homelessness, with Deputy Secretary Todman set as acting secretary.
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Washington
Marcia Fudge
Warrensville Heights
Ohio
Congress
Fudge
HUD
Joe Biden
America
White House
U.S. House of Representatives
Marcia
Biden
Ing
Olivia Dalton
Adrianne Todman
Dalton
David M. Dworkin
National Housing Conference
Dworkin
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Josh Boak
Fatima Hussein
Associated Press
Donald Trump
Adriana Morga and
Collin Binkley
Annie Ma and
Studentaid.gov
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