The Pandemic Unemployment Assistance program is ripe for abuse, Congress must act as our debt piles up
As art of the CARES Act, the Pandemic Unemployment Assistance program is a bipartisan effort to ensure that Americans who lose their jobs for COVID-19 related reasons can survive economically.
Senate GOP's virus relief bill expected to fall in vote
It is increasingly likely that all Congress will do before the election is pass legislation to avoid a federal shutdown
Former Starbucks CEO Schultz: 'I'm trying to be a voice' for small-business owners
Former Starbucks CEO Howard Schultz on Wednesday said he is "trying to be a voice" for struggling small business owners by supporting a Senate bill known as the RESTART Act.
Senate coronavirus relief bill to extend PPP loans, target health care, education: Kudlow
White House economic advisor Larry Kudlow on Tuesday broke down the contents of Senate Majority Leader Mitch McConnell's coronavirus relief package.
Feds indict Massachusetts man who allegedly faked his own death amid PPP fraud charges
A grand jury has indicted a Massachusetts man who allegedly faked his own death to avoid prosecution for fraudulently seeking hundreds of thousands of dollars in forgivable loans intended for businesses struggling during the coronavirus pandemic, while his accomplice has agreed to plead guilty in connection with the alleged crime, officials recently announced.
White House asks U.S. agencies to detail China-related spending
The White House is asking government agencies to disclose details of any funding that supports China or counters its global influence.
IRS risks ‘catastrophic breakdown’ without funding to upgrade IT
Watchdog says agency needs more than $2 billion.
Amtrak furloughing 2,000 workers
Amtrak will furlough more than 2,000 workers as a result of the steep decline in travel demand from the coronavirus pandemic.
Majority of stimulus funds sent to dead people have been recovered, Treasury says
The Treasury Department said it has reclaimed a majority of the more than $1 billion worth of economic impact payments that were sent to dead people.
Democrats' breathtaking hypocrisy on taxes and your wallet
Democrats were FOR the payroll tax cut (under Obama) before they were against it (under Trump).
Florida neighbors sought $1.1M in coronavirus relief by pretending to be farmers: feds
A pair of neighbors in Florida is accused of working together to commit an estimated $1.1 million in novel coronavirus-relief fraud by falsely claiming they were farmers, officials recently announced.
Nearly half of USPS employees had ‘unauthorized overtime’ last year, report finds
Watchdog group questions $521.6 million in overtime costs incurred during fiscal 2019.
Moderna says COVID-19 vaccine shows signs of working in older adults
Moderna said that its experimental coronavirus vaccine induced immune responses in people aged 56 years and older, a promising sign for a vulnerable age group.
Permanent payroll tax cut could deplete Social Security funds by 2023: Goss
Trump has indicated that he wants to pursue a sweeping elimination of the tax next year.
Biden will have to raise middle-class taxes to fund spending 'dreams': Kudlow
Democratic presidential nominee Joe Biden will not be able to afford his "unbelievable dreams of government spending" without raising taxes on the middle class, White House economic adviser Larry Kudlow said Tuesday.
'Opportunity zones' drew $75B in private investment in 2 years: White House
An Opportunity Zone is an “economically distressed community” where private investments can get special tax treatments.
21 arrested in $250K coronavirus unemployment fraud scheme using California inmates' information
So far, police have discovered more than $250,000 in illegitimate payments and have recovered $150,000 in cash.
Joe Biden's $7 trillion spending proposal: What's in it?
Joe Biden wants the federal government to spend close to $7 trillion more over the next decade on issues like health care, housing and climate change.
Trump rejects Pentagon proposal to cut funding for US military health care
The plan would have cut funding by billions of dollars, the president said.
USPS by the numbers: Agency heading for insolvency in late 2021
The current controversy over the U.S. Postal Service's lack of resources and Postmaster General Louis DeJoy's cost-cutting measures are based on suspicion that service changes are meant to impair mail-in voting, but the USPS 2019 annual report to Congress shows that in reality, they are nearly at the point of insolvency.