Davidson News

Davidson News

Biden Administration Forgives $1.2 Billion in Student Debt for Public Servants

Biden Administration Forgives $1.2 Billion in Student Debt for Public Servants

On Thursday, the Biden administration announced the forgiveness of $1.2 billion in student debt for 35,000 borrowers working in public service roles, such as teachers, firefighters, and law enforcement officers. Expanded Public Service Loan Forgiveness (PSLF) Program This latest round of debt relief follows the Supreme Court’s rejection of President Joe Biden’s broader college loan … Read more

Federal Judges Halt Biden Administration’s New Student Debt Relief Plan

Federal Judges Halt Biden Administration's New Student Debt Relief Plan

In a significant legal development, two federal judges in Kansas and Missouri issued rulings on Monday that prevent the Biden administration from further implementing a new student debt relief plan aimed at reducing monthly payments for borrowers. The rulings came in response to lawsuits filed by several Republican-led states. Judicial Blocks on Student Debt Relief … Read more

Biden administration’s Plans For the Legal Status for Immigrants Married to Americans

Biden administration's Plans For the Legal Status for Immigrants Married to Americans

President Biden is set to unveil a comprehensive immigration program aimed at granting legal status and a streamlined path to U.S. residency and citizenship for approximately half a million unauthorized immigrants married to American citizens. This initiative, announced on Tuesday at a White House event commemorating the 12th anniversary of DACA, marks a significant move … Read more

Federal Judge Blocks LGBTQ+ Protections for Students in Four States

Federal Judge Blocks LGBTQ+ Protections for Students in Four States

A federal judge in Louisiana has temporarily halted the enforcement of a new rule from President Joe Biden’s administration that extends protections against discrimination to LGBTQ+ students based on their gender identity. This preliminary injunction, issued by U.S. District Judge Terry Doughty in Monroe, affects the Republican-led states of Louisiana, Mississippi, Montana, and Idaho. Judge’s … Read more

Biden’s $400,000 Tax Pledge: How Inflation and Changing Incomes Impact the Promise

Biden's $400,000 Tax Pledge: How Inflation and Changing Incomes Impact the Promise

During the 2020 presidential campaign, Joe Biden made a significant promise: he would not raise taxes on anyone earning less than $400,000. A Pledge Under Scrutiny This pledge has been a cornerstone of his administration and remains a key point as he seeks reelection in 2024. However, the landscape of American incomes has shifted dramatically, … Read more

Biden Administration Allocates $900 Million for Electric School Bus Replacements

Biden Administration Allocates $900 Million for Electric School Bus Replacements

The Biden administration is set to distribute $900 million in rebates to 530 school districts nationwide, aimed at replacing diesel school buses with electric ones. This initiative is projected to facilitate the purchase of over 3,400 new buses, with a staggering 92% of them being electric. The Environmental Protection Agency (EPA) highlights that this move … Read more

Biden Administration Unveils Initiative to Modernize U.S. Power Grid

Biden Administration Unveils Initiative to Modernize U.S. Power Grid

The Biden administration introduced a major initiative on Tuesday at a White House summit aimed at facilitating America’s shift to clean energy sources while modernizing the aging U.S. power grid infrastructure. The initiative, dubbed the “Federal-State Modern Grid Deployment Initiative,” involves collaboration with 21 states, all of which have Democratic governors. The primary goal is … Read more

Biden’s Tariff Hike Aims to Revitalize U.S. Medical Mask and Glove Industry

Biden's Tariff Hike Aims to Revitalize U.S. Medical Mask and Glove Industry

President Joe Biden’s decision to increase tariffs on Chinese goods is poised to provide a lifeline to U.S.-based medical mask and glove manufacturers. This move comes at a critical juncture for a sector that experienced a surge in demand during the COVID-19 pandemic but has since struggled to maintain momentum. Industry insiders anticipate that Biden’s … Read more

Biden Administration Imposes New Tariffs on Chinese Imports, Targeting EVs

Biden Administration Imposes New Tariffs on Chinese Imports, Targeting EVs

President Joe Biden is set to unveil a series of new tariffs on Chinese electric vehicles (EVs), semiconductors, batteries, solar cells, steel, and aluminum. The tariffs on EVs are poised to surge to 100%, quadrupling the existing tariff of 25%, as disclosed by a source familiar with the impending trade measures. Combatting Unfair Practices and … Read more

Biden Vows to Withhold Offensive Weapons from Israel Amid Gaza Conflict

Biden Vows to Withhold Offensive Weapons from Israel Amid Gaza Conflict

President Biden declared on Wednesday that the United States would refrain from providing Israel with offensive weapons for potential operations in Rafah. This announcement coincided with his acknowledgment of Israel’s utilization of powerful American-made weaponry in lethal attacks within Gaza. During an interview with CNN, the president addressed the recent halt of a shipment of … Read more