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28.08.26 - 04:54
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States Race To Cut Food Stamp Errors Before Penalties Kick In (ZeroHedge)
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States Race To Cut Food Stamp Errors Before Penalties Kick In
Authored by Sylvia Xu via The Epoch Times,
States are racing to reduce faulty payments to food stamp recipients, in a bid to avoid penalties included in the signature budget bill passed by Republicans last year.
Starting in October 2027, states with payment error rates of 6 percent or higher must cover 5, 10, or 15 percent of SNAP benefit costs, depending on the payment error rate.
Even though the deadline is more than a year out, enrollment in the program has dropped by more than 5 million recipients as a result of the stricter rules, according to Agriculture Secretary Brooke Rollins.
Forty-one states and the District of Columbia made improper payments of more than 6 percent in 2025, according to the Department of Agriculture. Nearly half of states will have to pay more than $100 million in penalties, according to publicly available federal data.
Just nine states fell below the 6 percent error threshold in the 2025 fiscal year: Ida...
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28.08.26 - 04:06
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Google moves AI safety team into global affairs in DeepMind overhaul (Digitimes)
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Google is shifting a roughly 90-person artificial intelligence responsibility team out of DeepMind and into its global affairs organization as part of a wider reorganization in early September. The move, which brings the group closer to companywide lobbying and public policy, has prompted internal concerns that it could reduce the team's independence and its ability to identify risks and cybersecurity threats in new models....
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28.08.26 - 04:00
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KUAISHOU-W Buy Back 446,000 Shares for ~HKD15M (AAStocks)
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KUAISHOU-W (01024.HK) announced that it repurchased 446,000 shares of the company yesterday (27th) at prices ranging from HKD33.54 to HKD33.66 per share, involving HKD14.9884 million.Since the repurchase mandate resolution was approved, the group has cumulatively repurchased 29.4262 million shares, accounting for 0.6801% of its ......
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