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Rep. Loudermilk Discussing the Border, Afghanistan Withdrawal, and Biden's Speech on the Todd Starnes Radio Show 8/30/22
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In the News: US added 315,000 jobs in August, unemployment rises to 3.7%
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New York Post:
US employers hired slightly more workers than expected in August, keeping the Federal Reserve on track to deliver a third 75 basis points interest rate hike this month, though the unemployment rate increased to 3.7%.
Nonfarm payrolls increased by 315,000 jobs last month, the Labor Department said in its closely watched employment report on Friday. Data for July was revised slightly down to show payrolls surging 526,000 instead of 528,000 as previously reported. That marked the 20th straight month of job growth.
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In the News: Students' math, reading scores during COVID-19 pandemic saw steepest decline in decades: Education Department
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Fox News:
American students' reading and math skills were severely damaged during the coronavirus pandemic across almost all demographics.
A report on the nation's plummeting test scores was published by the Department of Education on Thursday, showing dramatic losses across the board for students in the U.S.
"In 2022, the National Center for Education Statistics (NCES) conducted a special administration of the NAEP long-term trend (LTT) reading and mathematics assessments for age 9 students to examine student achievement during the COVID-19 pandemic," the Education Department reported.
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In the News: Biden’s Lawless Student-Debt Plan Could Cost over $1 Trillion, Penn-Wharton Study Finds
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National Review:
An eye-popping analysis just released by Penn-Wharton:
President Biden’s new student loan forgiveness plan includes three major components. We estimate that debt cancellation alone will cost up to $519 billion, with about 75% of the benefit accruing to households making $88,000 or less. Loan forbearance will cost another $16 billion. The new income-driven repayment (IDR) program would cost another $70 billion, increasing the total plan cost to $605 billion under strict “static” assumptions. However, depending on future IDR program details to be released and potential behavioral (i.e., “non-static”) changes, total plan costs could exceed $1 trillion.
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Calling All Georgia Companies and Trade Schools! Join Rep. Loudermilk's Skilled Trades & Apprenticeships Career Fair
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Social Media: Additional Posts |
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