Government Spending

The expectations is for GDP to return to pre-pandemic levels by the middle of 2022

President Trump, riding high on 4.8 million jobs added to the economy and unemployment that fell to 11.1 percent -- both better than expectations -- said the apparent recovery "is the result of historic actions" his administration took, in conjunction with Congress.

Even though failing to extend the $600 weekly boost will hurt Americans who are still jobless, it could have another harmful impact: prolonging the current recession and hurting chances of a relatively quick recovery.

American Airlines, Frontier Airlines, Hawaiian Airlines, Sky West Airlines and Spirit Airlines will have to meet certain requirements to qualify for the CARES Act loans.

Democrats hailed the House bill, which goes far beyond transportation to fund schools, health care facilities, public utilities and affordable housing.

President Trump wants the USPS to charge Amazon and other shipping companies higher rates to increase competition.

Mayors for a Guaranteed Income has committed to exploring direct, recurring cash payments to community members and advocating for a similar program nationwide. 

The Department of Health and Human Services said Trump has secured 500,000 treatments of the drug through September, representing 100% of Gilead’s July production capacity and 90% of its capacity in August and September.

Protesters have been camped outside City Hall, insisting that the city slash $1 billion from the NYPD’s budget amid a nationwide campaign to “defund” police — a movement animated by outrage over the deaths of George Floyd and other Black Americans at the hands of police.

Unemployed Americans are eligible for an additional $600 a week.

In one of the first instances of stimulus fraud reported during the pandemic, two businessmen were charged in May with fraudulently seeking more than $500,000.

For each of the past 35 years, the Social Security Board of Trustees report has cautioned that there wouldn't be enough revenue collected over the long run. Here is a timeline of events that could lead to a significant Social Security benefits cut.

As file your tax return, don't forget that you still have an opportunity to take advantage of one huge money-saving tax break: funding your 2019 IRA.

There were broad variations in respondents' attitudes on police issues depending on demographic factors like geography, race and political affiliation.

By taking longer to submit their returns, Americans have also been delaying their refunds -- money they may have desperately needed these past few months.

New York City's budget is $8 billion smaller than what had been proposed in February.

One once-reliable source of cash is taking longer to reach Americans' bank accounts this year, and tax refund delays could not have come at a more inconvenient time.

President Trump opened the door to another stimulus check this week. Here's everything you need to know about a possible second payment

Demonstrators say they'll occupy a park outside City Hall in New York City until at least $1 billion is cut from the New York Police Department budget.

If you've yet to file your 2019 taxes, here are a few important credits it pays to look into as you prepare that return.