Biden's COVID relief plan could send money to well-off Americans who won't spend it
President Biden has made a third stimulus check an integral part of his nearly $2 trillion coronavirus relief package.
Dems to push for partisan COVID-19 relief bill despite Biden-GOP meeting
President Biden and top congressional Democrats signaled they intend to pass a large coronavirus relief bill — whether or not Republican lawmakers support it
New Republican stimulus proposal would cost $600B, include more direct checks: What to know
The coronavirus stimulus package proposed by a group of Senate Republicans as an alternative to President Biden's would cost $600 billion.
Tokyo 2020: Florida official meets with Olympic committee to discuss moving Summer Games to US
The idea of Florida hosting the postponed Summer Olympics is increasingly possible after a state official met with the International Olympic Committee (IOC) on Wednesday.
Fewer American households should receive $1,400 checks, study suggests
Higher-income households were less likely to spend the $600 checks.
Dr. Fauci is the highest paid employee in the federal government
Dr. Anthony Fauci, the top disease expert in the U.S., is the highest-paid federal government employee in the U.S.—surpassing even the president—according to a Freedom of Information Act request by OpenTheBooks.com.
Can Democrats pass Biden's $1.9T coronavirus relief bill without Republicans?
Senate Democrats may rely on a powerful procedural tool to pass the $1.9 trillion measure using their slimmest-possible majority.
Coronavirus relief spending fueling a stock market bubble, BofA warns
The stock market is in a bubble that's being fueled by U.S. policy on coronavirus stimulus, Bank of America economists warned in a note to clients.
Bipartisan group of senators skeptical about Biden's $1.9T coronavirus relief proposal
A bipartisan group of senators balked at the size of President Biden's $1.9 trillion coronavirus relief proposal during a call with White House officials on Sunday, raising concerns that the measure provides too much money to high-income Americans.
Biden order to give low-income families with 3 children additional $100 week
The Biden administration announced Friday that it will be increasing food stamp benefits for low-income Americans and raising the federal minimum wage to $15 per hour.
Republicans slam Biden's $1.9T COVID stimulus plan: It's a 'blue state bailout package'
Republicans are pushing back against Biden’s $1.9 trillion stimulus bill that aims to give state and local governments a “budget bailout” from financial mismanagement in blue states.
Billionaire: Biden inherits US economy 'in the late stage of an epic bubble’
President Joe Biden will oversee an economy that is "in the late stage of an epic bubble," billionaire real estate developer Jeff Greene told “The Claman Countdown” Wednesday.
Janet Yellen's response to job losses from minimum wage increase ‘disappointing,’ Sen. Tim Scott says
Yellen said during her confirmation hearing Tuesday that research suggests job losses from a $15 federal minimum wage are "very minimal, if anything."
Billionaire Bernard Schwartz describes Biden as ‘pro-business’ leader; predicts boon to economy
BLS Investments chairman Bernard Schwartz is backing Joe Biden’s ability to reshape the economy and the country.
Biden defense pick pledges to help clean up DoD budget
Biden has said he doesn't expect any major reductions in defense spending.
The debt question facing Janet Yellen: How much is too much?
In the past four years, U.S. government debt held by the public has increased by $7 trillion to $21.6 trillion.
Inauguration Day: An overview of potential costs
The inaugural committee is 'strongly encouraging' people not to attend the event in person.
PPP round 2 underway: What to know
All financial institutions with $1 billion or less in assets are able to reopen their PPP lending programs on Friday.
Biden calls for more direct cash to Americans in new stimulus package
The money would be distributed on top of $600 checks, which have already been sent.
U.S. budget deficit hits $144 billion, record for the month
The cumulative U.S. deficit for the first three months of fiscal 2021, which started Oct. 1, reached $573 billion, up from $357 billion in the pre-pandemic year-earlier period.