Parents pay at least one monthly bill for 40 percent of millennials
In a new survey, two-fifths of millennials say their parents still pick up one or more of their monthly bills. And the most common parental subsidy is the largest: housing. Twenty-four percent of millennials say Mom or Dad pay their rent, and 17 percent say parents cover a mortgage. Smaller shares of the 26-to-41 demographic reported parental help with groceries (22 percent), utility bills (19 percent), auto insurance (18 percent), car payments (16 percent) or streaming services (12 percent). “It’s just really expensive to be a young per
Read MoreEyeing defense spending cuts, House GOP targets military ‘wokeness’
Top House Republicans say the Pentagon’s budget will be on the table as Republicans seek to negotiate spending cuts in exchange for raising the federal debt ceiling — and have placed a bullseye on “wokeness” in the military. Exactly what that means remains somewhat unclear, but House Speaker Kevin McCarthy (R-Calif.) and others in his caucus have pointed to programs including efforts to diversify the military, identify alternative fuels and other environmental initiatives. “We’re going to cut money that’s being spent on wokeism, we’re going to cut legacy programs,
Read MoreMcCarthy sets Thursday vote on removing Omar from panel as second holdout backs her ouster
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Read MoreWhite House bids farewell to Klain, as Zients officially slips into chief role
President Biden on Wednesday hosted an official transition event to kick off Jeff Zients’s role as chief of staff and to thank former chief of staff Ron Klain for his service since the beginning of the Biden administration. Klain, at the event, gave a going away nod to Biden’s reelection campaign, wh
Read MoreMcConnell pulls rival Rick Scott off powerful Commerce Committee
Senate Minority Leader Mitch McConnell (R-Ky.) has pulled Sen. Rick Scott (R-Fla.), who tried to oust him as the Senate’s top Republican in a bruising leadership race, off the powerful Commerce Committee. McConnell also removed Sen. Mike Lee (R-Utah), who supported Scott’s bid to replace McConnell as leader, from the Commerce panel, which has broad jurisdiction over a swath of federal agencies. The GOP leader insisted last year that he didn’t take the attempt to end his leadership reign personally, but the latest move sends a clear message to conservatives
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