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Legal Insights: Key Updates Affecting (Michael T. Johnson)

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  As a personal injury, family law, and estate planning attorney, I’m always attuned to news developments that shape the legal landscape. Recent headlines highlight significant changes and trends in these areas, offering both challenges and opportunities for individuals and families. Let’s explore the implications of these updates and how they could impact your legal rights and planning.   Personal Injury: The Push for Stricter Safety Regulations Recent debates in the legislative arena focus on strengthening safety regulations across industries, from workplace environments to consumer products. Notably, efforts to reduce motor vehicle accidents through updated road safety measures and stricter enforcement of DUI laws have gained momentum. For victims of negligence, these changes could bolster their claims by establishing clear standards of care that defendants must meet. However, navigating these cases requires a keen understanding of evolving laws. Ensuring fair com...
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Does the U.S. Budget Deficit Matter? A Legal Perspective by Business Attorney Amelia Liana Sterling

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The topic of the U.S. federal budget deficit is one that often flies under the radar in public debates, especially during election seasons. While much attention is given to issues like immigration, inflation, and trade, the increasing federal debt and its implications for the economy seem to take a back seat. As a business attorney at sterlinglegalservices.org , I’ve been asked numerous times about the potential risks of this growing fiscal concern. Are the fears warranted, and what does it mean for business owners and entrepreneurs? Let’s dive into this critical issue. A Snapshot of the U.S. Budget Deficit For the fiscal year that just ended, the Congressional Budget Office (CBO) estimates the federal budget deficit to be approximately 6.7% of GDP—an unusually high figure given that the economy is nearing full capacity and unemployment is historically low. This level of deficit is comparable only to times of economic distress, such as deep recessions or the aftermath of World War ...
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