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Money in the News / Government & Policy

Government & Policy

Legislation, executive orders, regulatory changes, and government actions that directly impact personal finances, taxes, benefits, or the economy.

Latest in Government & Policy

Government & Policy

3.5 million people have lost SNAP food aid since the new work rules took hold last summer

Millions of Americans who relied on federal food assistance are no longer receiving benefits after expanded work requirements took effect under the One Big Beautiful...

Government & Policy

New Medicaid work rules in 2027 will require 80 hours a month to keep coverage

Millions of adults enrolled in Medicaid will need to prove they are working, volunteering, or training for at least 80 hours each month to keep...

Government & Policy

$900 billion in Medicaid cuts over the next decade are now written into federal law

Tens of millions of Americans who rely on Medicaid for doctor visits, prescriptions, and hospital care now face a federal funding reduction of $989.7 billion...

Government & Policy

$6,000 in tariffs can land on a new car priced under $40,000

Buyers shopping for a new car under $40,000 face a hidden cost that has nothing to do with dealer markups or interest rates. When a...

Government & Policy

Adults 60 and older on SNAP can deduct out-of-pocket medical costs to raise their food benefit, a break most never claim

Older adults receiving SNAP benefits can subtract unreimbursed medical expenses above $35 a month from the income used to calculate their food allotment, a federal...

Government & Policy

Low-income households can get federal help with summer cooling bills through LIHEAP, and many states are taking applications now

Families facing steep summer electricity bills now have a narrowing window to apply for federal cooling assistance through the Low-Income Home Energy Assistance Program. Georgia...

Government & Policy

Congress killed the rule that would have capped overdraft fees at $5, so big banks keep charging full price

Bank customers who overdraw their checking accounts at the largest U.S. financial institutions will keep paying fees far above $5 per transaction. Congress used the...

Government & Policy

Officials widened a listeria recall of soft Mexican-style cheese after new contaminated products turned up

Consumers who bought soft Mexican-style cheese, prepared salad kits, or meal kits containing crema earlier this year now face a widening recall tied to Listeria...

Government & Policy

Many states let older homeowners defer property taxes until the house is sold

Older homeowners on fixed incomes in states like California, Oregon, Washington, Texas, and Massachusetts can postpone paying property taxes for years, with the bill coming...

Government & Policy

Anyone on SNAP or Medicaid can take $9.25 a month off a phone or internet bill through federal Lifeline

Millions of Americans enrolled in SNAP or Medicaid already qualify for a federal discount on their monthly phone or internet bill, yet most never claim...

Government & Policy

A new federal tax credit will refund every dollar you donate to a school-scholarship fund, up to $1,700 — and 27 states just signed on

Families in more than half the country now have a path to recoup every dollar they give to a school-scholarship fund, up to $1,700, through...

Government & Policy

More than 100 lawsuits accuse Gerber and other baby-food makers of selling products with unsafe levels of lead and arsenic

Parents who bought Gerber, Beech-Nut, HappyBABY, and Earth’s Best Organic baby foods now face a federal courtroom battle over whether those products contained unsafe concentrations...

Government & Policy

Anyone on SNAP or Medicaid can get $9.25 a month off a phone or internet bill through the federal Lifeline program

Millions of households enrolled in SNAP or Medicaid are eligible for a $9.25 monthly discount on phone or internet service through the federal Lifeline program,...

Government & Policy

Georgia’s gas tax came back last week, raising pump prices about 33 cents a gallon after a two-and-a-half-month suspension

Georgia motorists saw pump prices climb roughly 33 cents per gallon when the state’s motor fuel excise tax snapped back into effect after a suspension...

Government & Policy

Pell Grants will cover job training as short as eight weeks starting July 1

Adults who need a fast track into the workforce will soon have a new way to pay for it. The U.S. Department of Education has...

Government & Policy

Illinois killed its statewide grocery tax in January — and 665 cities and towns voted to keep charging their own

Grocery shoppers in 665 Illinois cities, towns, and villages saw no tax relief at the register on January 1, 2026, even though the state officially...

Government & Policy

Only eight states still charge sales tax on groceries

Grocery shoppers in eight states started 2026 still paying sales tax on basic food items, a shrinking club that got smaller on January 1 when...

Government & Policy

Generac’s $15 million settlement pays solar-system owners from $150 up to $20,000, with claims open until August 24

Homeowners who installed Generac-branded solar power systems and experienced equipment failures or misleading sales practices now have a narrow window to file claims in a...

Government & Policy

Trump Accounts open for deposits July 4 — on top of the $1,000 federal seed for kids born since 2025, families can add $5,000 a year

Families with children born since January 1, 2025, are weeks away from a deadline that will determine whether their kids start life with a federally...

Government & Policy

Grubhub owes 60,000 California drivers a piece of $24.75 million — and every valid claim filed by June 18 gets at least $25

Roughly 60,000 delivery drivers who worked for Grubhub in California could each receive at least $25 from a $24.75 million settlement fund tied to worker...

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