Money and Policy

President Biden on Tuesday said he supported a proposal from House Democrats that would send $1,400 stimulus checks to Americans earning up to $75,000 annually.

The U.S. budget deficit soared in January as Congress approved another massive coronavirus relief bill that sent direct aid to Americans still reeling from the pandemic, the Congressional Budget Office said this week.

The coronavirus relief package unveiled by House Democrats on Monday includes a major expansion of the Affordable Care Act that would boost premium subsidies already offered under the Obama-era health care law and increase their availability.

President Biden and Treasury Secretary Janet Yellen will meet with some of the nation's top chief executives including JPMorgan Chase's Jamie Dimon and Walmart's Doug McMillon on Tuesday to drum up support for his nearly $2 trillion coronavirus relief package. 

House Democrats are plowing ahead with a coronavirus relief package that would keep the existing income limits for the third stimulus check, while narrowing eligibility for higher-income Americans.  

New data shows how recipients of the $600 stimulus checks distributed at the beginning of January spent the money.

Without a fresh round of COVID-19 aid from the federal government, about a third of the nation's pandemic-stricken small businesses are warning they won't be able to survive.

Former Reagan economist Art Laffer discusses the potential consequences of President Biden's stimulus relief bill.

Former SEC Chairman Harvey Pitt on whether the GameStop stock saga will lead to market regulations.

Mark Cuban is partnering with Goalsetter for Black History Month in its quest to give 1 million kids their first savings accounts with $40 and a debit card. 

The IRS mistakenly told tens of thousands of Americans that the agency was offsetting their stimulus payments because of unpaid federal debt from 14 years ago.  

The Senate signaled overwhelming support on for limiting wealthy Americans from receiving a third stimulus check.

New research suggests that the jobless aid is not reaching millions of out-of-work Americans. 

House and Senate Democrats on Thursday ramped up their pressure on President Biden to bypass Congress and unilaterally cancel $50,000 in student loan debt for millions of Americans. 

Congressional Democrats renewed their push on Thursday to give newborn Americans a $1,000 savings account.

Although President Biden has maintained that that nearly $2 trillion emergency aid package needs to include direct payments worth $1,400, he's indicated that he's open to narrowing eligibility for the money in hopes of securing some GOP support. 

Washington state’s richest residents — including Jeff Bezos and Bill Gates — would pay a wealth tax on some financial assets under a new proposal.