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News
Sunday June 4, 2023
Our News
Thank you for your interest in The University of North Carolina System. Our hope is to serve you and your family with helpful information.More |
Savvy Living
What are the Social Security benefits for family members? What are the qualifications for eligibility?
Depending on...More |
Washington News
With a vote of 314 to 117 in the House of Representatives and 63 to 36 in the Senate, Congress sent the Fiscal Responsibility Act of 2023 to the President. When the President signs the bill, the threat of a default on U.S. debt and obligations is avoided.
There was a sigh of relief in Congress, the White House, the financial markets and by world leaders. All were hoping for a compromise and bipartisan support for the bill.
After extended negotiations between President Biden and Speaker of the House Kevin McCarthy, a bipartisan compromise was reached. The bill suspends the debt limit of $31.4 trillion until January 2025. After the next election in November of 2024, the new Congress and Administration will need to set an updated limit.
The key compromises related to defense and nondefense spending. Both will be limited in 2024 and 2025. Nondefense spending growth in 2025 will be limited...More |
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Personal Planner
There are both temporary and permanent rules for federal estate planning. These principles are helpful in creating...More |
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