Published 1 hour ago Share close Share page Copy link About sharing Related Topics Reality Check Prime Minister Liz Truss's reluctance to raise benefits to match the rising cost of living is causing a rift within the Conservative Party. Cabinet minister Penny Mordaunt says it "makes sense" to increase them in line with inflation. So what are the main benefits and have they kept up with rising prices? How much is spent on benefits? In February, 22 million people were claiming some form of benefits, in England, Scotland and Wales. In 2019-20, the year before the Covid pandemic, the government spent about £94bn on benefits. In the same year, £99bn was spent on the state pension. By comparison, the government spends almost £200bn per year on health and social care. How much do benefits usually increase by? Most working-age benefits usually … [Read more...] about Benefits: Who receives them and how much do they cost?
Cost living comparison
Enlarge this image smartboy10/Getty Images smartboy10/Getty Images Updated on May 12 at 11:20 a.m. ET A for-profit college received millions of dollars from the federal government to help low-income students whose lives have been upended by the coronavirus outbreak, but that same school, Florida Career College (FCC), is also accused of defrauding students. A federal class action lawsuit filed on behalf of students in April calls FCC "a sham" and alleges that, long before the pandemic, the college was targeting economically vulnerable people of color. The plaintiffs say the vocational school enticed them with false promises of career training and job placement — but spent little on instruction while charging exorbitant prices and pushing students into loans they cannot repay. The lawsuit comes as thousands of colleges across the country are receiving federal emergency relief in response to the coronavirus pandemic. Through the CARES Act, FCC has … [Read more...] about Students Call College That Got Millions In Coronavirus Relief ‘A Sham’
Health Bernie Sanders 2020 Election "Medicare For All" is probably the best-known plank in Senator Bernie Sanders' campaign platform. He wants the federal government to take over private health care insurance and replace it with a comprehensive, single-payer program. Under this plan, every U.S. resident would automatically be insured for nearly every contingency—hospital stays, dental care, mental health, ambulance services and long-term care, among other things—with nearly no copays or deductibles. Grandma needs a nursing home? That's covered. Your son needs counseling for a drug addiction? Covered. No surprise bills, no copays. Critics slam the plan as too expensive; Sanders insists it would save money overall. Everyone agrees, however, that Medicare for All would amount to a massive transfer of spending from the private sector to the U.S. government. And there lies the rub. Can the U.S. government be trusted to manage a complex, fast-moving industry in which … [Read more...] about Is Bernie Sanders Right About Medicare For All?
Enlarge this image Parents struggle with the costs and choices with child care. Chelsea Beck/NPR hide caption toggle caption Chelsea Beck/NPR Parents struggle with the costs and choices with child care. Chelsea Beck/NPR Life is pretty busy for Mike Buchmann, a high school art teacher and football coach, and his wife Shannon, who works as an assistant controller at a small private college near their home in Mishawaka, Ind. Everyone is out the door by 7:45 each morning: Mike shuttles their two older kids to before-school care, while Shannon drops off their 14-month-old at a church-based child care center before they head off to their full-time jobs. After their mortgage — which is about 20 percent of their combined take-home pay — child care is the family's biggest expense. In fact, the cost of their youngest child's day care alone — $660 a month — is more than half the family's monthly mortgage payment. At the end of the month — after … [Read more...] about U.S. Parents Are Sweating And Hustling To Pay For Child Care