Subsidizing Fossil Fuels
The nation went through a period of high gasoline prices, even though the government released oil from the reserves. Now it appears the US has a glut of oil and…
The nation went through a period of high gasoline prices, even though the government released oil from the reserves. Now it appears the US has a glut of oil and…
…take them in turn. 1. There is no money in the Social Security trust fund. it is true that the social security trustees reported holding “asset reserves” of $2.8 trillion…
…out that the program’s reserves aren’t stored in individual accounts with workers’ names on them, but collected in “a huge account called the ‘Social Security Trust Fund.’” He’s correct here….
…federal assistance many hospitals received during the pandemic has now ended. As a result, more than one-third of rural hospitals lost money overall in 2023. Low Financial Reserves: The hospitals…
…notified us they are pulling out of New Mexico because their claims (especially fire claims) are higher than their reserves and they can’t cover the costs or make money. I…
…able to pay 81% of benefits.” *snip* “Once the fund’s reserves become depleted, Medicare would be able to cover only 89% of costs for patients’ hospital visits, hospice care and…
…hospitals lost money overall in 2023-24. • Low Financial Reserves: The hospitals at greatest risk of closing have more debts thanassets, or they do not have adequate net assets (i.e.,…
…that the Constitution reserves to Congress — not just the power to go to war but also the power to set tariffs, the power to appropriate and spend public funds,…
…2023-24. Low Financial Reserves: The hospitals at greatest risk of closing have more debts than assets, or they do not have adequate net assets (i.e., assets other than buildings &…
…rate (the rate at which banks lend their excess reserves to other banks overnight) was 11% and the unemployment rate was 5.9%. A year later, the Federal Funds rate was…