Business Formation Statistics ICYMI: A Rebirth of Entrepreneurialism Over 500,000 new high propensity business applications were made during the third quarter. High propensity business applications, year over year, grew by over 66%. The historical average yearly growth before 2020 Q3 is ...
On Tuesday, October 20, IRS Deputy Commissioner for Services and Enforcement Sunita Lough shared a blogpost showing that, despite misleading claims from Democrats, IRS audit rates are higher for wealthy taxpayers than lower-income workers. There are several important takeaways from her post, but Lough’s point is simple: “the reality is that the audit rate grows as income ...
Health and Human Services Secretary Alex Azar laid out in an op-ed for Fox Business how Operation Warp Speed (OWS) is utilizing the public and private sectors to deliver a vaccine to COVID-19 at record pace. Key Points: "It is now highly credible that OWS will have produced up to 100 million doses of safe and effective
Key Points: -The U.S. Surgeon General issued a challenge to providers to help fight our nation’s rising maternal mortality rate. -Providers should work to “address care for women with hypertension who are pregnant and/or postpartum” and “breastfeeding initiation and continuation disparities among breastfeeding mothers.” -The Administration also announced a new ...
Key Points: Economists are predicting that former Vice President Joe Biden's economic agenda would not lead to job growth due to tax hikes. “Biden’s proposals would overall discourage investment in the U.S. rather than the other way around,” one economist said. In addition to tax hikes, Mr. Biden has proposed a massive spending agenda with ...
Key points: 2021 Medicare Open Enrollment is officially open and will run through December 7, 2020. People with Medicare can review health and drug plans and make changes to their healthcare coverage for next year based on their financial and medical needs. People who want to keep their current Medicare coverage do not need to ...
Key Takeaway: Building on actions to bolster laboratory testing for COVID-19, the Trump Administration is making changes to Medicare payments made to laboratories in order to incentivize faster and more efficient diagnostic test results. Yesterday, CMS announced that, starting January 1, 2021, Medicare will pay $100 only to laboratories that are able to process high throughput ...
CVS and Walgreens will provide and administer COVID-19 vaccines to residents of long-term care facilities (LTCF) nationwide with no out-of-pocket costs, thanks to new agreements with the Trump Administration. Read below a press release from HHS to learn more about this important announcement. Protecting especially ...
Unemployment Rate ICYMI: Pandemic-era Labor Market Perpetually Beat CBO’s Expectations (And New Research Suggests A Rapid Recovery Is Here to Stay!)
More than 25 million Americans who lost their job due to COVID-19 shut downs continue to receive unemployment benefits. Yet, Speaker Pelosi and House Democrats continue to stall additional targeted COVID-relief, including for unemployed workers. In August, President Trump stepped-in to fill the void caused by Democrats’ inaction by using executive authority to create the