That’s a formula that could dampen US government revenue and, if it persists, portend an earlier deadline for Congress to raise the debt ceiling — or risk a federal payments default.

A cash aid program for moms and babies has already distributed about $8.5 million to more than 2,000 families in Flint, ...

“Outdated payment formula forcing facilities around the state to close, industry says,” by Capitol News’ Peter Hancock. Takeaway: With federal cuts to Medicaid looming, the nursing home ...

He notes the amount is based on a formula ... payments later in retirement. They can also complicate the decision of when a retiree should commence CPP and OAS. CPP can be taken as early as 60 or ...

At the other end of the spectrum, more than 1 in 4 (28%) said they usually or always collect more than the 50% formula for blend ... saw an increase this year in payment by insurance companies ...

More than 8 million borrowers have seen their credit scores drop because of student loan delinquencies, dragging down the ...

A federal court judge in Texas scrapped a Consumer Financial Protection Bureau (CFPB) rule that would have limited “excessive ...

She estimates that about 40 per cent of all payments to the electrical contractor come in 30 to 60 days late. “It sucks having to be on top of [project owners] all the time, just constantly havi ...

Stakeholders warned that the late payment issue could prompt companies to avoid doing business with the federal government.

HM Revenue & Customs will hike late payment interest to 8.5 per cent from April 6 2025. The gap between what it charges taxpayers in late payment interest and the rate it offers on overpaid tax is ...