Category: Policy

EconomyPolicy

Federal Agreement Resumes Student Loan Cancellation For Millions, Provides Tax Shield

The Department of Education has reached a settlement with the American Federation of Teachers to resume processing student loan forgiveness for millions of borrowers. The agreement also includes protections against tax consequences for those receiving loan discharges.

Legal Breakthrough for Student Loan Borrowers

Millions of student loan borrowers have secured a significant victory through a court-approved agreement between the U.S. Department of Education and the American Federation of Teachers, according to reports. The settlement resolves a legal challenge over processing delays that had halted loan forgiveness under multiple income-driven repayment plans.

by Darren Holt
EnergyPolicy

Trump Administration Backs Offshore Drilling Revival Despite California Oil Spill Legacy and Legal Challenges

The Trump administration is supporting a Texas company’s controversial plan to restart offshore oil drilling in California waters, where a 2015 pipeline rupture caused one of the state’s worst environmental disasters. Sable Offshore Corp. faces multiple legal challenges from environmental groups and state agencies as it seeks to revive production in federal waters beyond state jurisdiction.

Controversial Offshore Drilling Project Moves Forward

Federal officials under the Trump administration are reportedly backing a Texas-based energy company’s efforts to resume oil production off the Southern California coast, according to sources familiar with the matter. This development comes nearly a decade after a catastrophic pipeline failure caused what analysts describe as one of the state’s worst environmental disasters in decades.

by Carter Wells