President-elect Joe Biden is proposing a $1.9 trillion plan to expand coronavirus vaccinations, help individuals and jump-start the economy.
During his announcement of the “American Rescue Plan,” President-elect Joe Biden pushed for the minimum wage in the United States to be raised to at least $15 an hour.
President-elect Joe Biden is unveiling a $1.9 trillion coronavirus plan aimed at speeding up the vaccine rollout and providing financial help to individuals, states and local governments and businesses.
Legislation providing for the $600 payments, which was approved by lawmakers at the end of last month, stipulated that the departments needed to issue all payments by Friday.
Many of the most expensive housing markets in the country are seeing a drastic drop in the cost to rent.
The U.S. Small Business Administration and the U.S. Treasury Department relaunched the Paycheck Protection Program, or PPP, loan portal Monday.
President-elect Joe Biden’s transition team said he plans to extend a suspension of student loan payments due to financial hardships posed by the COVID-19 pandemic on “day one,” and he also favors forgiving $10,000 in student loan debt.
Sen. Joe Manchin (D-W.V.) told The Washington Post he would “absolutely not” support a bill to issue $2,000 stimulus checks.
The tax software company Intuit is working with the U.S. Treasury and the IRS after a mix-up involving millions of stimulus payments.
While the IRS and Treasury have distributed the bulk of the anticipated $164 million in second-round of relief payments for Americans faster than the first time, millions have not gotten payments yet or found hiccups in the distribution.
Parents who had one or more children born in 2020 could receive up to $1,100 in extra stimulus money per child, according to IRS guidelines.
Will you receive a third stimulus check?
Hope is now finally on the horizon for millions of Americans who have been desperately waiting for relief as COVID-19 crisis deepens. President Donald Trump has signed the latest COVID-19 relief bill; so, what does that mean for your wallet?
Democrats led passage, 275-134, their majority favoring additional assistance. They had settled for smaller $600 payments in a compromise with Republicans over the big year-end relief bill Trump reluctantly signed into law.
Poverty in the United States has risen sharply in recent months amid the coronavirus pandemic, with 7.8 million Americans falling into poverty since the summer, according to new data released this month.
“What the president is doing right now is unbelievably cruel,” Sen. Bernie Sanders of Vermont said Sunday.
Millions of Americans have been jobless since the viral pandemic ripped through the U.S. economy in March, triggering a deep recession and causing widespread unemployment.
House Republicans and Democrats Thursday blocked each others' "unanimous consent" requests put forward after President Trump aired grievances to the massive coronavirus stimulus and government funding package.
Unemployment benefits, including the extra money distributed through federal aid programs, count as taxable income.
The bill that was passed by Congress establishes a temporary $300 per week supplemental jobless benefit and a $600 direct stimulus payment to most Americans, but President Donald Trump said he wants lawmakers to increase the check amounts to $2,000 per person or $4,000 for married couples.