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The Money Overview

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

Cost of Living

Many states let homeowners 65 and older defer property taxes until the home is sold

Older homeowners in several states can postpone some or all property taxes without giving up their homes. These programs do not erase the bill. Instead,...

Government & Policy

A bill in Congress would bar Social Security from clawing back overpayments it discovers more than 10 years late

A bipartisan proposal would place a time limit on one of Social Security’s harshest collection powers. When the agency discovers that it paid too much,...

Cost of Living

A defensive-driving course can shave hundreds off a retiree’s car-insurance premium

Older drivers often watch their car-insurance premiums drift upward with age, yet one of the reliable ways to push the bill back down sits almost...

Government & Policy

A bipartisan bill would cut the SNAP paperwork that blocks eligible seniors

A bipartisan bill in Congress would strip away much of the paperwork that keeps older Americans from claiming food assistance they already qualify for. The...

Cost of Living

Many states bar utilities from shutting off heat or air conditioning in extreme weather, protecting seniors behind on the bill

In much of the country, a utility cannot legally cut off a household’s power during a dangerous heat wave or a hard winter freeze, even...

Cost of Living

A federal program pays part of a low-income household’s summer cooling bill

As summer electric bills climb into triple digits across much of the country, a federal program stands ready to cover part of the tab for...

Cost of Living

Homeowners 65 and older can cut hundreds off property taxes with a circuit-breaker rebate

Hundreds of dollars in property-tax relief slip past older homeowners every year, unclaimed by people who qualify for a “circuit breaker” and never file for...

Government & Policy

$180.42 a month is where VA disability pay starts at a 10% rating

A veteran rated at 10 percent disabled by the Department of Veterans Affairs collects $180.42 a month in 2026, the entry point of a benefit...

Cost of Living

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

A federal subsidy can shave $9.25 off a phone or internet bill every single month, a break built for households living on tight fixed incomes...

Government & Policy

A new bill would pay certain disabled veterans an extra $833 a month

A bill in the House would add a supplemental payment of $833.33 a month for a narrow group of severely disabled veterans, money layered on...

Cost of Living

Several states now freeze seniors’ property taxes, and New Jersey pays up to $6,500

Property taxes are one of the few retirement costs that keep climbing even after a mortgage is gone, and a growing set of state programs...

Government & Policy

A bill in Congress would repeal the federal income tax on Social Security benefits, but it hasn’t cleared committee

A proposal moving through the House would erase federal income taxes on Social Security benefits altogether, a shift that could raise the net monthly check...

Government & Policy

New Medicaid work rules reach adults up to age 64, while people 65 and older stay exempt

A 2025 federal law has redrawn the line between who must prove they are working to keep Medicaid and who does not, and the boundary...

Cost of Living

Illinois raised its senior property-tax freeze income limit to $75,000 for 2026

Illinois has lifted the income ceiling for its senior property-tax freeze to $75,000 for the 2026 tax year, up from $65,000, opening the benefit to...

Cost of Living

Texas homeowners 65 and older can freeze school taxes and shield an extra $10,000

Texas offers homeowners a rare combination once they turn 65: a school-property-tax bill that stops rising and an additional slice of home value shielded from...

Cost of Living

Seniors 60 and older can deduct medical costs over $35 to raise food-stamp benefits

For older Americans on tight fixed incomes, a small line in the SNAP rulebook can meaningfully raise a monthly food benefit, yet it is one...

Government & Policy

Adults 55 to 64 must now work 80 hours a month to keep food stamps after exemptions were cut

A provision buried in the 2025 One Big Beautiful Bill Act quietly reset who has to work to keep food stamps, and the change reached...

Government & Policy

A bill would let about 50,000 combat-injured veterans draw both military retirement and disability pay, roughly $1,200 more a month

Under current law, a group of combat-injured service members who were medically retired before serving 20 years cannot collect their military retirement pay and their...

Government & Policy

Wartime veterans and surviving spouses can qualify for an Aid and Attendance pension worth up to about $2,900 a month

The Department of Veterans Affairs runs a benefit that many wartime veterans and their surviving spouses never claim, in part because it is buried inside...

Government & Policy

A bipartisan Senate bill would raise VA disability pay for millions of veterans starting December 1

A bipartisan measure moving through the Senate would raise the monthly compensation paid to veterans with service-connected disabilities beginning December 1, 2026, matching the increase...

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