In its proposed 2017 budget released yesterday, the White House Office of Management and Budget pegged the credit union tax exemption at $26.8 billion over 10 years. The estimate includes a projection of steady growth in the credit union industry, with the taxpayer subsidy growing from $1.7 billion last year to an estimated $3.6 billion by 2025.
ABA Data Bank: Car insurance prices hitting the gas
The cost of auto insurance rose more than 22% year-over-year in March, the largest annual jump since 1976.