Trump Touts ‘Rocket Ship’ Recovery
Does the US Spend Too Much on Police?
No More $1,200 Stimulus Checks?
Protests, Pandemic and Looming $1 Trillion Decision
A $16 Trillion Hit to the Economy
Trump Says He’ll Terminate WHO Funding
Jobless Claims Top 40 Million, but There’s a Silver Lining
100,000 Deaths
Trump Admin Eyes Back-to-Work Bonuses
Biden Slams Trump’s Coronavirus Response
The Republican Clash Over Coronavirus Aid
Trump Wants to Cut Enhanced Unemployment Benefits: Report
Trump Threatens to Permanently Cut WHO Funding
$500 Billion Coronavirus Fund Has Barely Been Used
Newsletter
Chart of the Day: The Dire State of State Tax Revenues
管野静香Lucy Dadayan of the Urban-Brookings Tax Policy Center breaks down the good, the bad and the ugly of the fiscal crisis facing states as the coronavirus pandemic crushes revenues and raises costs. “...
A Third of Unemployment Benefits Haven’t Been Paid Out: Report
管野静香The U.S. Treasury paid out $146 billion in jobless benefits in the three months ending in May as tens of millions of Americans lost their jobs due to the coronavirus pandemic. Although the number is...
IRS Letting High-Income Tax Cheats Dodge Billions in Payments: Watchdog
The Internal Revenue Service is failing to crack down on hundreds of thousands of high-income people who owe billions of dollars in taxes, according to a new report by the agency’s government...
Coronavirus Will Cost US Economy Nearly $16 Trillion, CBO Says
The coronavirus pandemic will shrink U.S. economic output by $15.7 trillion over the next decade, or $7.9 trillion after adjusting for inflation, the Congressional Budget Office estimated on Monday...
The Battle Over State Bailouts
States are confronting massive budget shortfalls as tax revenues plunge and social safety net spending soars, but there’s no clear sense in Washington about how to approach the problem. Despite...
Bipartisan Group of Lawmakers Wants Next Coronavirus Bill to Address Rising Debt
Congress is likely to pass another coronavirus relief bill at some point, but doing so may require addressing the mounting deficit concerns of a bipartisan group of lawmakers. A group of 60 House...
$1,200 Checks? $450 Bonuses? The Latest on the Next Coronavirus Lifeline
Congress has provided a lifeline for millions of Americans hurt by the coronavirus pandemic, providing a boost to incomes via one-time direct payments and implementing a range of other emergency...
Why US Incomes Jumped During the Pandemic
U.S. personal income rose by $1.97 trillion in April, the Commerce Department reported Friday. At 10.5%, it was the largest month-over-month increase on record – and it was driven almost entirely by...