Money in the News
Trending and breaking stories with a financial angle. This category covers the headlines that affect people’s wallets, from government policy shifts and cost of living changes to corporate upheaval and the financial side of technology. This is what keeps The Money Overview current with the broader news cycle.
Latest in Money in the News
The produce benefit for WIC has no published amount for the year starting October 1
USDA’s Food and Nutrition Service has not published a fiscal year 2027 policy memorandum setting the WIC cash-value benefit — the monthly allowance every participant...
No heating assistance money can reach a household this winter until three separate approvals clear
The Office of Community Services will not release a single Low Income Home Energy Assistance Program dollar for the fiscal year that opens October 1,...
Food stamp waivers are now granted only where unemployment reaches 10 percent
USDA has begun canceling food stamp work-requirement waivers that states relied on for years, not because those waivers expired on their own terms but because...
Heating aid counts toward food stamps only if a household pays more than $20 and includes a senior
A single test used to decide whether a household’s home heating or cooling costs were automatically recognized in its food stamp benefit: any payment, of...
The federal government cuts its share of food stamp administration in half on October 1
Beginning October 1, the U.S. Department of Agriculture will cover only 25 cents of every dollar states spend running the Supplemental Nutrition Assistance Program’s administrative...
Internet service can no longer be counted as a shelter cost when food stamps are calculated
A provision that took effect the day President Trump signed the One Big Beautiful Bill Act strips a single recurring bill out of the arithmetic...
New food stamp exemptions now cover American Indian, Urban Indian and California Indian households
Three subsections of a 1976 tribal health law now determine whether an Indian, Urban Indian, or California Indian food stamp recipient can be required to...
Food stamp rules now put people up to age 64 on a time limit, and states must tell them
Ten years used to separate the oldest person subject to a food stamp work deadline from someone who could safely ignore it. Under a policy...
The housing allowance a nursing home spouse can keep rose to $811.50 in July
Every July 1, the Centers for Medicare & Medicaid Services resets a pair of linked dollar figures that decide how much income the spouse of...
States have until March 31 to file paperwork for a Medicaid rule that starts January 1
A federal Medicaid rule can bind a state’s renewal calendar on January 1, 2027, months before the paperwork certifying that the state actually follows it...
Medicaid’s new work rule can also be waived for a county under a presidential disaster declaration
A little-noticed feature of the federal Medicaid work rule lets a state excuse an entire county’s caseload from the community engagement standard if the President...
Only veterans rated totally disabled are exempt from Medicaid’s new work rule
The federal rule creating a new Medicaid work requirement carves out an exemption for veterans, but the exemption is far narrower than the word “veteran”...
New Medicaid applicants must prove they worked the month before they apply
A person applying for Medicaid for the first time under the new federal work requirement cannot simply promise to meet the standard going forward. The...
Medicaid renewals move to every six months next year, and Native Americans are exempt
Not every Medicaid enrollee’s renewal clock speeds up under a rule taking effect at the start of 2027. States must begin renewing eligibility every six...
Medicaid will pay only two months of past bills for most enrollees starting January 1
Medicaid’s retroactive coverage window narrows on January 1, 2027, and it narrows unevenly. Enrollees outside the Affordable Care Act expansion group — including most people...
Forty states have signed the Medicaid drug pricing deal, and the rest have until September 30
Every state Medicaid program in the country, along with the District of Columbia and Puerto Rico, applied to a federal initiative built to bring most-favored-nation...
Anyone Medicaid cannot verify under the new work rule gets 30 days to respond before coverage ends
A federal rule set to take full effect January 1, 2027 gives Medicaid agencies a fixed 30 calendar days to hear back from anyone whose...
Ten states already restrict what food stamps buy, and three more join them within 48 hours
Ten states now restrict what Supplemental Nutrition Assistance Program recipients can buy with their benefits, and three more are set to join within a roughly...
States cannot force food stamp recipients aged 60 to 64 into work programs, but the time limit still applies
A single Supplemental Nutrition Assistance Program overhaul now tells state caseworkers two things about the same person at the same time. Someone who turns 60...
Food stamp enrollment has fallen by 5.3 million people in a single year while the average benefit barely moved
The number of Americans receiving Supplemental Nutrition Assistance Program benefits fell by more than 5.3 million people between June 2025 and June 2026, a 12.8...