Tuesday, May 7, 2024
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Tag Archives: Congress

Tech Lecturer: Fed Faces Challenges, Decisions With Inflation

Economists are in a tough spot trying to get inflation under control, according to a Tennessee Tech Lecturer, because of the “sticky wage, sticky price effect.” Federal Reserve Chair Jerome Powell admitted last week that there has been little progress in stabilizing inflation. Tech Economics Lecturer Chelsea Dowell said typically, as prices rise, wages rise with them. During this round ... Read More »

Rep. Hale: Swearing-In Process “Humbling And An Honor”

One newly sworn-in legislator calls his experience, “humbling.” Representative Michael Hale was elected in November to serve District 40. After a long and strenuous campaign process, Hale said being surrounded by his colleagues to be sworn in is an experience he will never forget. “And to be sitting in a place that only a few people have sat throughout history,” ... Read More »

TennCare Renewals Resume In April After Pausing For COVID

TennCare renewals will restart in April after being suspended since the pandemic. Congress voted to resume renewals which will require beneficiaries to reverify their status. TennCare Communications Director Amy Lawrence said members can prepare now by making sure the organization has the correct information. “This will be a big impact for a lot of Tennesseans. We cover about 50 percent ... Read More »

Confusion Over Stimulus Checks Common

As COVID-19 stimulus checks arrive in local accounts, confusion surrounding the payment’s affect on taxes continues. Certified Public Accountant Jennifer Phipps said, despite rumors to the contrary, the stimulus money is not directly connected to your tax returns. “The reason why I think people are thinking it is something related to your future income taxes is because this is actually ... Read More »