Texas Medicaid Funding Has Wall Street Worried

Texas Medicaid Funding Has Wall Street Worried On Friday, May 26, 2017, the Texas House of Representatives voted against reversing the $350 million cuts to Medicaid that went into effect in December 2016. These cuts affect therapy providers whose services affect about 60,000 Texas children with special needs. Services affected include physical, speech, and occupational therapy. Medicaid covers children with disabilities as well as children whose parents have low incomes. The Texas budget has introduced ...

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Inflation-Proofing Your Retirement Portfolio

To hear the talking heads tell it, there’s no inflation out there. And with the price of oil (and therefore gasoline) in a tailspin, inflation looks like the last thing anyone should be worried about. But long-term numbers tell a very different story. According the Bureau of Labor Statistics Inflation Calculator, prices have roughly doubled in the last 25 years. It now takes $1,915 to buy what $1,000 bought in 1989. That works out to an average annual inflation rate of roughly 3%. It’s also important ...

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Why People Need Tax Professionals

Every year millions of Americans race to fill out their tax forms and get them mailed to the IRS by April 15. One of the challenges that they face is tax code complexity. It is made up of 4 million words and a new provision is added, on average, every day. This is why the experts believe its best that trained professionals are the ones to handle people’s taxes.You can be one of these professionals by taking the online course; the Online Master of Science of Taxation, offered byD’Amore-McKim School ...

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How Government Monetary Policy Works

The monetary policy is controlled by government managed Central Banks. In the U.S., it is called the Federal Reserve or Feds. In Europe, it is called the ECB (European Central Bank). Australians call theirs the Reserve Bank of Australia (RBA) and in most countries it is referred to as the Central Bank. Monetary policy is used to influence the level of interest rates. This in turn influences the investment behavior of firms and individuals, the consumption level of households, and the supply of credit ...

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