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On Thursday’s broadcast of the Fox Business Network’s “Cavuto: Coast to Coast,” White House Council of Economic Advisers Chair Jared Bernstein stated that even with the latest GDP report, we “really haven’t seen much in terms of slow growth yet.” And the job market is “really what matters to people, you don’t eat GDP, your paycheck matters most.” Bernstein said, “We really haven’t seen much in terms of slow growth yet. Let’s talk about the job market, because that’s really what matters to people, you don’t eat GDP, your paycheck matters most. And there, you’ve seen growth continuing to defy...

During an interview with Univision that took place on March 20 and was released on Tuesday, President Joe Biden responded to a question on what he would say to people who don’t feel economic growth or job creation in their paychecks and pockets by stating that “it’s not yet” reflected and touting his work on overdraft and junk fees. Interviewer Enrique Acevedo asked, “I’ve heard you talk about economic growth, job creation. What do you say to the families — not just Latino families — but families across the country, that don’t feel that economic growth, that job creation reflected...

On Thursday’s broadcast of MSNBC’s “Katy Tur Reports,” White House Council of Economic Advisers Chair Jared Bernstein responded to a majority of Americans saying they’re living paycheck-to-paycheck and those who aren’t feeling the economy improving by acknowledging that “it’s early days for those wage gains,” and so he’s “very sympathetic to the idea that people need to see them continue, and I think if the job market stays tight, they will.” Guest host Alex Witt asked, “[A]s you know, a majority of Americans still say they are living paycheck-to-paycheck. So, what is the message to those people who don’t really...

I’ve got good news and bad news. The good news is you probably put a little more money in your pocket in November. The bad news is inflation ate up all your income gains and then some. Real personal incomes fell 0.2% in November despite a healthy gain in nominal income. Personal income from all sources, including wages, salaries, interest dividends, rental income, unemployment, Social Security, etc. rose by 0.4% in November. Year on year, personal income is up a healthy 7.4%, according to the latest data from the Bureau of Economic Analysis today. (Keep in mind a chunk of...

WASHINGTON - The U.S. Postal Service quietly began offering paycheck-cashing services at several East Coast post offices last month, testing a plan that financial experts say has the potential to transform how low-wage and underserved Americans access their money. Postal customers can now redeem paychecks in Washington, Baltimore, Falls Church, Va., and the Bronx, N.Y., for Visa gift cards topping out at $500, an agency spokesperson said. Postal officials expect to expand the pilot into a fuller study with more locations and financial products, such as bill-paying services and ATMs, according to three people involved with the program who spoke...

While Congress was working out the details on a bill that would provide Americans with stimulus checks, at least one Austin company was looking for ways to save payroll. “The form says they are preemptively deducting funds from our paychecks. That number is based on what they’re anticipating the government relief fund to be,” a worker for the company told KXAN. The worker asked not to be identified in this investigation so as not to impact his company’s ability to continue doing business. The worker said his company emailed a form titled “Employee Acknowledgement of ‘Government Assistance’ Pay Reduction” to...

The secret account is at the center of a federal racketeering lawsuit brought on by a collective of tobacco farmers who say they were cheated out of $24 million.

Federal Goverment Workers have only themselves to blame for their current negative financial position. If you had acted immediately by going after Nancy Pelosi, Chuck Schumer & the entire Democrat Party, you never would have had your paychecks missing. Heed my words...going after POTUS, Trump will gain you nothing, not one thing!!! I mean how dumb can you folks be? Nancy Pelosi was getting Botox treatments in Hawaii on vacation, drinking "MAI-TAIs", while you folks were payless. At least, POTUS, Trump, cared enough about you folks to stay in the White House over the holidays...not so with your Democrat allies...

Your Paycheck Could Increase Very Soon -- Here’s How Much You Can Expect New IRS federal tax-withholding guidelines should give millions of Americans higher paychecks in 2018. Matthew Frankel Jan 12, 2018 The Treasury Department recently released new withholding tables based on the recently passed tax-reform bill. These tell employers how much to withhold from their employees' paychecks, and 90% of workers should see an increase when the new guidelines are implemented. Here's what this means, when you should expect the change to affect your paycheck, and how much of an increase you should expect. New IRS federal tax-withholding guidelines...

We’ll never see anything like this go through at the federal level while Barack Obama is president, but the Keystone State is is mounting an effort to protect public sector workers from having dues automatically deducted from their pay and then used to fund political campaigns. It comes in the form of a bill which has passed the state senate and now moves on to the House. (Fox 34 News) Pennsylvania’s state senate approved a controversial bill Wednesday which would prevent unions from taking money from workers’ paychecks and using it for political purposes.Senate Bill 501, dubbed the “Paycheck...

One in 10 Americans between the ages of 35 and 44 had money seized from a paycheck and sent off to pay a debt last year ... the average household’s balance at about $6,802. And one in three Americans is dogged by collections, or debts more than 180 days past due, for credit card balances, child-support, medical or utility bills. For most people, garnished wages went toward child support (41.5%). After student and consumer loans (35.4%), workers’ pay was also docked to pay off tax debts (18.3%) and bankruptcies (4.9%).

Employees at federal prisons aren’t able to collect a paycheck during the government shutdown, even though the inmates they are overseeing are being paid. A group of 100 guards at a federal prison camp in Yankton, S.D., still have to work in order to “protect human life and property,” but will have to trust the government to make good on their promise to retroactively pay them. In a cruel twist, the criminals locked up in the facility are still receiving their money for services rendered while they are in custody because there is a different funding tier for the prisoners’...

Comptroller Judy Baar Topinka said Thursday that she cannot issue paychecks to lawmakers unless they vote to overturn Gov. Pat Quinn's $13.8 million veto of their salaries or a court rules her office must pay out. The decision comes after weeks of review by her office and lawyers for Attorney General Lisa Madigan after Quinn's move this month to suspend lawmakers' pay until they send him a measure to overhaul the state's highly indebted public employee pension system. The situation puts legislators in a tricky spot: either get by without pay or face the political backlash that could accompany a...

MADISON, Wis. — State senators who miss two or more session days will no longer get paid through direct deposit. They’ll have to pick up their checks in person on the Senate floor during a session.

The mark of a good politician is an instinct for the dividing line. We are talking about the line drawn in the sand that gets you to 51 percent of the vote and leaves your opponent with the rest. Say what you like about Newt Gingrich, but his new dividing line over paychecks versus food stamps sounds like a winner. After all, who can prefer food stamps to paychecks? Apparently Nancy Pelosi can. She bit hard on Newt's dangling fish lure: "It is the biggest bang for the buck when you do food stamps and unemployment insurance -- the biggest...

Well, if Donald Berwick’s favorite health-care system is to survive, the Brits have to do something, don’t they? The British government’s tax agency has proposed a new process for employers in the private and public sectors to pay their workers. Instead of actually giving the money to the employees, they’ll pay Her Majesty’s Revenue and Customs, which will then decide just how much to allow the workers to keep: The UK’s tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate...

The UK's tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer. The proposal by Her Majesty's Revenue and Customs (HMRC) stresses the need for employers to provide real-time information to the government so that it can monitor all payments and make a better assessment of whether the correct tax is being paid.

The UK's tax collection agency is putting forth a proposal that all employers send employee paychecks to the government, after which the government would deduct what it deems as the appropriate tax and pay the employees by bank transfer. The proposal by Her Majesty's Revenue and Customs (HMRC) stresses the need for employers to provide real-time information to the government so that it can monitor all payments and make a better assessment of whether the correct tax is being paid. Currently employers withhold tax and pay the government, providing information at the end of the year, a system know as...

With so many citizens across American feeling the pinch of the recession and with a bloated budget looming over them, it's time for members of Congress to take pay cut, some House members are saying. Rep. Ann Kirkpatrick (D-Ariz.) this week introduced the "Taking Responsibility for Congressional Pay Act," which would cut senators' and representatives' salaries by 5 percent starting Jan. 1, 2011. The measure would enact the first pay cut for Congress since 1933. At least 12 other congressmen have signed onto the bill this week. The purpose of the bill is to "make Members of Congress show a...

Fired New Orleans city workers get final paychecks 20 minutes ago Final paychecks were issued to thousands of New Orleans city workers laid off in the wake of ruinous hurricanes, according to city officials. A message posted on the city website provided further details of the layoffs from Mayor Ray Nagin, seen here 6 October(AFP/Getty Images/File) NEW ORLEANS, United States (AFP) - Final paychecks were issued to thousands of New Orleans city workers laid off in the wake of ruinous hurricanes, according to city officials. "In addition, all employees who are part of the layoff are asked to turn in...