US budget deficit hit record-shattering $864B in June
The gap between what the government spent and what it collected was more than 107 times what it was last June.
The IRS wants taxpayers to claim $1.5B in unclaimed refunds -- but there's less than 1 week to do it
According to the IRS, there are $1.5 billion worth of unclaimed refunds from the 2016 tax year. And the bad news is, if that money isn't claimed by July 15, 2020, it's gone for good.
Here’s what Trump’s back-to-work bonus could look like
The administration confirmed a bonus for returning to work is under consideration.
Millions in PPP aid given to traffic camera companies linked to corruption scandals
Companies that contract with major U.S. cities to provide red lights and other traffic enforcement cameras reaped millions in taxpayer-funded aid
What are payroll taxes, and who pays them?
All employees and employers pay a 6.2 percent payroll tax on wages capped out at $137,700.
Catholic Church won $1.4B in taxpayer-funded coronavirus aid
The church’s haul may have reached -- or even exceeded -- $3.5 billion, making a global religious institution with more than a billion followers among the biggest winners in the U.S. government’s pandemic relief efforts.
Texas overpaid $32M in unemployment benefits. Now it wants the money back
State law requires that individuals who received a bigger check than they were eligible for repay the money
Houston officials, police trade jabs over vote on purchase of helmets, tactical gear: Report
Elected officials in Houston tabled a vote that, if passed, would have approved a $166,000 contract to provide the police department with helmets for every officer.
8 smart things to do with this year's tax refund
Here are a few important things to do with your tax refund, especially in light of the current recession.
US deficit rises to record $2.7T in 9 months
The U.S. budget deficit soared to a record $2.7 trillion for the first nine months of the fiscal year, as federal revenues dried up and spending surged.
What big businesses got PPP loans?
These are the biggest businesses that received Paycheck Protection Program loans worth more than $1 million.
Trump threatens to cut federal aid if schools don't reopen
President Trump is threatening to pull back federal funding should schools not reopen in the fall.
Proposed defense bill provides $1M to rename facilities referencing Confederate leaders
The House bill calls for $694.6 billion in new discretionary spending authority for the Defense Department, which is $3.7 billion less than what President Trump requested.
3 last-minute tax tips for your 2019 return
With the tax-filing deadline rapidly approaching, here are a few tips to get you through the process if you have yet to get your return in order.
Don't claim Social Security benefits if you can't answer these 3 questions
When starting Social Security, review these three questions to ensure your understanding of how your benefits are calculated and how your decisions affect the size of your checks.
Trump extends PPP deadline with $130B left in small business fund
As of June 27, the administration had given out more than 4.7 million forgivable loans totaling $518 billion through the program.
CBO sees rapid growth in US economy starting this quarter
The expectations is for GDP to return to pre-pandemic levels by the middle of 2022
Trump says 'phase four' coronavirus bill underway, could include payroll tax cut
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.
If the $600 weekly unemployment boost isn't extended, it's not just laid-off workers who will suffer
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, 4 others finalize Treasury loans amid coronavirus travel bust
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.


















