Davidson News

Biden Administration Proposes Student Loan Fee Elimination and Tax-Free Forgiveness in Budget Plan

In a move aimed at easing the burden of student debt and making higher education more accessible, the Biden administration has put forth key proposals in its budget plan. Among these are the elimination of origination fees on student loans and the permanent exemption of certain types of student loan forgiveness from taxation. The proposal … Read more

Palm Beach County: Three Undocumented Immigrants Arrested for Alleged Sexual Battery

Three undocumented immigrants from Guatemala have been apprehended by the Palm Beach County Sheriff’s Office following accusations of sexually assaulting a woman. The incident occurred in the early hours of Monday, in a residential vicinity near John Prince Park, just west of Interstate 95. According to reports, the victim was forcibly taken into a vehicle … Read more

New Orleans: 10 Most Dangerous Neighborhoods Revealed

New Orleans, LA – In a recent report decoding the dangers lurking in New Orleans neighborhoods, ten areas have emerged as the most notorious for crime. The report sheds light on the grim reality faced by residents amidst the city’s vibrant culture. Topping the list is Desire, where dreams seem to be on hold amid … Read more

Housing Affordability Plan Sparks Debate in Biden’s State of the Union Address

President Joe Biden’s unveiling of new housing affordability proposals during his State of the Union address has ignited debate among experts, with opinions divided on the potential impact of these measures. The proposed initiatives include a $5,000 tax credit for middle-class first-time homebuyers over two years and a $10,000 credit for those selling their starter … Read more

Bidenomics Propels U.S. Debt to Record $4.8 Trillion, Experts Warn of Economic Risks

In a significant development, experts reveal that the Biden Administration’s economic policies have led to a staggering increase in the U.S. national debt, surpassing $4.8 trillion. A recent analysis indicates that despite initial pandemic relief efforts, policymakers continued to engage in unprecedented borrowing, propelling the nation’s debt to alarming levels. The $4.8 trillion surge in … Read more

Lumberton, NC Tops List as Most Dangerous Small City in America for 2024

In a recent analysis conducted by Saturday Night Science, Lumberton, North Carolina, emerged as the most dangerous small city in the United States for the year 2024. The study, based on FBI crime data, examined small cities with populations ranging from over 5,000 to under 50,000, revealing concerning crime rates across various regions of the … Read more

IRS Adjusts 2024 Tax Brackets to Combat Bracket Creep, Potentially Boosting Refunds for Taxpayers in the US

The Internal Revenue Service (IRS) has announced adjustments to the tax brackets for the 2024-2025 tax season, aiming to address the issue of bracket creep caused by inflation. These adjustments could lead to larger refunds for taxpayers across the United States. The IRS’s annual inflation adjustments report reveals a 5.4% increase in income thresholds for … Read more

US Expats Urged to Act Now: Deadline Approaching to Claim Stimulus Checks

American citizens residing abroad are reminded of a critical deadline approaching swiftly – June 15th, 2024 – to seize the opportunity to claim their federal stimulus checks. These Economic Impact Payments, which could amount to as much as $3,200, stand as a crucial lifeline for US expats navigating financial challenges overseas. The eligibility criteria for … Read more

IRS Announces Refund Dates for 2024 EITC and ACTC Filers

Taxpayers eagerly awaiting their tax refunds after filing for Earned Income Tax Credit (EITC) and Additional Child Tax Credit (ACTC) benefits in the 2024 tax season can now mark their calendars. The IRS has officially announced the refund dates for these filers, shedding light on when individuals can expect their much-anticipated refunds. According to IRS … Read more

Oklahoma House Passes Tax Credit for Pregnancy Centers; Democrats Express Opposition

In a recent development, the Oklahoma House of Representatives approved a bill proposing a temporary tax credit for donations made to non-profit pregnancy centers. The measure, known as House Bill 1788, received support from Republican lawmakers but faced opposition from Democrats. Authored by Durant Republican Cody Maynard, the bill aims to incentivize donations to nonprofit … Read more