Author: Tanja Fijalkowski

Tanja Fijalkowski is Fiscal Report staff writer and Managing Editor based in the San Francisco Bay Area. She has a writing degree from University of California, San Diego. Over the course of her career, she has written and edited award-winning, Amazon top-selling books with a specialization in the topics of finance, investing, news, history, and science. She has over 4 years experience in the finance and insurance industry as an underwriter.

With the election coming up in November, many are wondering how Trump and Harris would address the Social Security and Medicare programs supporting America’s retirees. Retirees aren’t the only ones with skin in the game: A recent Gallup poll found that more than 70% of Americans under the age of 65 are concerned Social Security benefits won’t be available by the time they are eligible to start collecting them. They might be right: Most recent estimates project that at current benefit levels, the Social Security reserves will be depleted by 2035. With the “silver tsunami” of Baby Boomers expected to…

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A joint Treasury Department and IRS crackdown has recovered $1.3 billion from wealthy tax dodgers, according to a recent press release. Treasury Secretary Janet Yellen says the very wealthiest Americans owe the most, with the top 1% owing more than 20% of unpaid taxes. In 2023 and 2024, the IRS has focused on tracking down tax evaders with over $1 million in annual income and more than $250,000 in unpaid tax obligations. In several top cases cited by the IRS, tax evasion is not their only crime. The IRS makes no exceptions for incomes earned through illegal activities. Mark Anthony…

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The National Park Foundation announced receiving a historic $100 million donation from the Lilly Endowment Inc. The nonprofit organization reports it is the largest grant benefiting national parks received in U.S. history. Bridging the Funding Gap for National Parks The National Parks Foundation was established by Congress in 1967 to serve as the fund-raising arm of the National Park Service. Its mission is to address parks’ needs and preserve them for future generations, making up for where federal funding falls short. “The NPF is inspired by, and incredibly grateful for, this extraordinary gift from Lilly Endowment,” says Will Shafroth, President…

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Under the Inflation Reduction Act of 2022, Medicare negotiated drug prices for the first time. These discussions began in early 2024. In August, negotiations were finalized with a successful agreement to change the price on ten common, life-saving drugs used to treat serious health conditions. Here are the names and numbers for each one. Januvia Medicare negotiated a successful 79% reduction for the drug Januvia, which is used to treat diabetes. Januvia’s prices are the largest cut of all the medications that are part of the negotiation, going from over $525 to $113 per month when the new pricing schedule…

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The Alaska Democratic Party strongly opposed Eric Hafner’s inclusion on the ballot. They filed a lawsuit seeking to have him disqualified, warning that it sets a “frightening precedent” for other convicted felons to run for office in the state, even while incarcerated. Opposition From Alaska’s Democratic Party “It’s extremely troubling that we’ve now given the green light for anybody serving time for a crime to be able to run here,” said Lindsay Kavanaugh, the party’s director. “Even if they have no actual ties to Alaska or ability to serve if elected, the court is saying, ‘sure, put your name on…

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