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At 2:35 a.m. EDT, AP Business SummaryBrief

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News Tech: The governor of Texas, Greg Abbott, frequently criticises President Joe Biden for the nation’s high inflation rate and worries about a forthcoming recession. As they ratchet up their critiques in advance of the elections in November, many other Republicans do as well, including state leaders in Georgia and Florida. But compared to the rest of the country, those three states are experiencing more pronounced price increases. Democrats claim that Republicans are blaming Biden’s programmes for inflation while simultaneously taking credit for job creation made possible by those same policies. However, people appear to be criticising Biden for inflation while being more liberal in their praise for the nation’s low jobless rate.

With subsidies for salaries that exceed those in the private sector, housing has long been a significant perk for service members. However, service members and housing professionals claim that the Defense Department has not substantially increased housing allowances, disregarding its commitment to military families, despite a record-breaking rise in rent. Many people are consequently forced to live in subpar housing, endure extremely long commutes, or pay thousands of dollars they had not budgeted for. Military housing advocate Kate Needham contends that executives who are already having trouble attracting the next generation should be aware of the disparity between housing allowances and the present market. Officials from the Department of Defense affirm their commitment to assisting families in finding “suitable, affordable housing, whether on or off-base.”

Rent is rising, which causes military families’ housing benefits to lag.

 

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