Government Spending

It's been reported that Social Security won't bring in enough money to sustain its current payout level. What would this actually look like for the typical retired worker?

Moderna Inc received an additional $472 million from the U.S. government that funds-disease fighting technology.

Treasury Secretary Steven Mnuchin told "Fox News Sunday" that a Republican version of a coronavirus Phase 4 stimulus bill will be introduced Monday.

An estimated $26 billion in CARES Act unemployment benefit funds will be lost to fraud, new research shows.

Former Google CEO Eric Schmidt is leading an initiative to launch a federally funded tech college to train future civil servants.

The SBA has disbursed $518 billion in aid to date, meaning that each job supported by PPP money cost about $224,000, the researchers estimated.

Pharma execs said during a Tuesday briefing that pressure to develop a vaccine quickly will not result in lower regulatory standards.

Defense contractors continued to operate relatively unscathed through the stay-at-home orders due to the COVID-19 pandemic after being deemed essential businesses.

Since the launch of the government's emergency lending program for small businesses on April 3, data shows a disproportionate distribution, favoring larger companies.

President Trump also predicted that the stock market may be the "highest in history" on Election Day.

The government pushed to quickly lend more than $650 billion to businesses of all sorts based on an honor system that took companies’ claims at face value and offered the promise of loan forgiveness.

The sweetened benefits are set to expire next week and the typical unemployment check, which varies by state, will return to below $400 per week.

Mnuchin appeared to back a proposal from U.S. banks and others who have said the massive lending program should see loans under $150,000 automatically turned into grants.

Some Trump administration officials are concerned that if the aid package is worth more than $1 trillion, the White House risks losing pivotal support from fiscally conservative Senate Republicans who are starting to balk at the unprecedented debt and spending levels.

The $2.2 trillion CARES Act passed by Congress in March provided a slew of relief options to American workers and businesses, including tax benefits for donating to charity.

Some heavy-handed tactics by police during protests over the death of George Floyd have put the militarization of police back in the spotlight.

Thieves allegedly made fraudulent claims totaling more than $500 million.

There are 274 earmarks included in the 2020 Pig Book, down from last year, but at a higher, record-setting cost.

The PPP appears to have thrown a critical safety net under U.S. middle and upper-middle-wage jobs, but it faltered when it comes to lower-paying positions

The idea of defunding the police has been around for decades, but the movement picked up steam as protests erupted nationwide following George Floyd’s death while in the custody of Minneapolis police in May.